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China’s 618 shopping festival: more discounts and user-centered features as rivals learn from...
TechNode· 5 days agoMajor Chinese online retailers including Taobao and JD and emerging platforms like Xiaohongshu have...
Opinion | Why Pinduoduo’s surprise growth may not be good news for China’s economy
South China Morning Post· 17 hours agoDespite these issues, PDD has become China’s largest e-commerce company, surpassing the market...
China's 618 shopping festival ends with Alibaba, JD.com declaring victory amid 'waning' interest
South China Morning Post via Yahoo Finance· 3 days agoAlibaba Group Holding and JD.com touted impressive growth trends but declined to reveal total gross...
China’s 618 Festival Sees First Sales Decline in 8 Years
Sourcing Journal via Yahoo Finance· 1 day agoRival Alibaba did the same for its Tmall and Taobao platforms. Though JD considered its performance...
Alibaba Platforms Likely Held Up Well During China's Midyear Shopping Event
Barrons.com· 1 day agoAlibaba's e-commerce platforms may have held up well during China's midyear shopping event, as...
More worries for China, sales at big e-commerce festival drop for first time
Reuters via Yahoo Finance· 4 days agoSHANGHAI (Reuters) -Sales fell for the first time ever at China's blowout mid-year e-commerce sales...
3 Stocks the Top Billionaires Are Betting Big on in 2024
InvestorPlace· 1 day agoBillionaire investors are among the most influential market drivers. Retail traders only constitute...
Wall Street Favorites: 3 Chinese Stocks With Strong Buy Ratings for June 2024
InvestorPlace· 1 day agoChina’s economy has undergone an uneven recovery since the country emerged from the global pandemic....
Gateway - Quartz
Quartz· 5 days agoThree months after rejigging its corporate structure—splitting into six—Alibaba is rejigging its top brass. Daniel Zhang, who has been the Chinese conglomerate’s chief for eight long years, ...
JD claims record breaking 618 festival GMV, fails to disclose specific data · TechNode
TechNode· 3 days agoSmall merchants serve as a common focus for JD and rival Taobao during the event, with the former saying that more than 150,000 such sellers saw their sales grow by over 50% ...