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China’s 618 shopping festival: more discounts and user-centered features as rivals learn from...
TechNode· 6 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· 20 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· 4 days agoAlibaba Group Holding and JD.com touted impressive growth trends but declined to reveal total gross...
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...
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...
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...
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, ...
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....
JD claims record breaking 618 festival GMV, fails to disclose specific data · TechNode
TechNode· 4 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% ...