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On October 4, Musk announced his intention to purchase the company as he had agreed, for $44 billion, or $54.20 a share; [16] the agreement closed on October 27. By October, 2024, X was worth less than 80% of what it was acquired for, and its value in 2025 was estimated to be around $9 billion. The platform's ad revenue has declined significantly.
[20] In 2004, the company's B2C site went online as jdlaser.com. [21] The company began using the domain name 360buy.com, [21] and the name was changed to Jingdong Mall in 2007. [22] Since 2009, JD.com has set up a customer service center in Suqian, cumulatively investing over 30 billion RMB to build its self-operated customer service center ...
The three most common media were print, television, and e-mail, and spending was highest for print advertisements, as of 2014. [63] E-cigarettes are routinely marketed as a substitute to traditional cigarettes. [44] E-cigarette advertisements regularly make claims. [44] For example, they are advertised as being effective for quitting smoking. [44]