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China’s 618 shopping event brought in sales, but perhaps not profits

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China’s second-biggest online shopping event of the year generated big sales, but not necessarily the windfall that retailers have come to expect,...
Shopping

Huawei tops Apple in sales growth for shopping festival, but iPhone still ahead

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Huawei sales jumped 42.4 per cent during the one-month 618 sales period that started May 20, according to Counterpoint, which attributed the rise to...
Shopping

Chinese e-commerce sales up 14% for 618 shopping festival, report says

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Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent...
Shopping

Chinese e-commerce sales up 14% for 618 shopping festival, report says

Admin -
Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent...
Shopping

China’s midyear shopping festival ends with Alibaba, JD.com declaring victory

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Alibaba Group Holding and JD.com touted impressive growth trends but declined to reveal total gross merchandise value (GMV) figures for their midyear 618 shopping...
Shopping

China’s midyear shopping festival ends with Alibaba, JD.com declaring victory

Admin -
Alibaba Group Holding and JD.com touted impressive growth trends but declined to reveal total gross merchandise value (GMV) figures for their midyear 618 shopping...
Shopping

Alibaba’s pro tip to CEOs: live-stream on Taobao to engage consumers

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Alibaba Group Holding is pushing CEOs to live-stream on its domestic e-commerce platform Taobao, as the tech giant ramps up efforts to win back...
Shopping

Pinduoduo heats up online price war during China’s 618 shopping festival

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The novel system, which Pinduoduo rolled out on Wednesday, provides merchants on the platform a fast and intelligent way to “keep pace with ...
Shopping

Pinduoduo heats up online price war during China’s 618 shopping festival

Admin -
The novel system, which Pinduoduo rolled out on Wednesday, provides merchants on the platform a fast and intelligent way to “keep pace with ...

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