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... shopping trolley. There was also an additional requirement that this 360-degree bendable selfie stick be exclusive to JD on online platforms. In exchange, JD would guarantee 30% of produced goods for a period of six months. This meant that if Thunder Horse manufacturing produced 200,000 selfie sticks within these six months and sold none, JD would buy 60,000 and give Thunder Horse Manufacturing 4,800,000 in payment.

JD had essentially used 4,800,000 to buy exclusive rights t ...

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