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More worries for China, sales at big e-commerce festival drop for first time
Reuters via Yahoo Finance· 6 days agoSHANGHAI (Reuters) -Sales fell for the first time ever at China's blowout mid-year e-commerce sales...
China’s 618 Festival Sees First Sales Decline in 8 Years
Sourcing Journal via Yahoo Finance· 3 days agoRival Alibaba did the same for its Tmall and Taobao platforms. Though JD considered its performance...
Opinion | Why Pinduoduo’s surprise growth may not be good news for China’s economy
South China Morning Post· 3 days agoDespite these issues, PDD has become China’s largest e-commerce company, surpassing the market...
Gateway - Quartz
Quartz· 7 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, ...
Chinese e-commerce sales up 14% for 618 shopping festival, report says
South China Morning Post· 2 days agoDouyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV,...
JD claims record breaking 618 festival GMV, fails to disclose specific data · TechNode
TechNode· 6 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% ...
3 Stocks the Top Billionaires Are Betting Big on in 2024
InvestorPlace· 3 days agoBillionaire investors are among the most influential market drivers. Retail traders only constitute...
Extended offers dampen excitement for China's mid-year e-commerce festival
Reuters· 6 days agoChina's mid-year e-commerce sales festival failed to stir up a great deal of excitement among...
Extended offers dampen excitement for China's mid-year e-commerce festival By Reuters
Investing.com· 6 days agoChina's mid-year e-commerce sales festival failed to stir up a great deal of excitement among...
AI-powered livestreaming rivalries heating up
China Daily· 4 days agoData from Taobao, Chinese tech heavyweight Alibaba Group's online marketplace, showed that sales from 38 livestreaming rooms on Taobao surpassed 100 million ...