Promotional Activities
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Silver47 Exploration: OTC Markets Inquiry
Silver47 Exploration (AAGAF) addressed promotional activities following an inquiry from OTC Markets Group. The company engaged Sideways Frequency LLC for investor relations and Market One Media Group for $75,000 in investor lead generation and media services. Silver47 asserts editorial control over marketing materials, ensuring factual accuracy. A director purchased 100,000 units, signaling confidence, but the promotional impact on trading volume is noted. Silver47 clarifies relationships with investor relations firms, confirming no discounted securities were issued.
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China’s Food Delivery War Cools Down After Regulatory Scrutiny: Alibaba, Meituan & JD Face Warnings, Zero-Cost Deals Still Possible.
Despite regulatory warnings from SAMR to Ele.me, Meituan, and JD.com regarding fair competition, the online food delivery subsidy war continues in China. Taobao Flash Sales maintained its “Super Saturday” promotion, but with tempered subsidies. While “zero-yuan” takeout orders were still possible, discounts were less aggressive than previous weeks. Meituan also reduced its high-value coupons. JD.com offered milder subsidies. The long-term impact of regulation on market competition is yet to be determined.
