China’s 618 shopping festival was closely observed for signs that the consumer will help spend the nation out of COVID-19, and the success of the event shows...
China’s 618 shopping festival is in the books. This year’s three-week event was watched closely for evidence that the Chinese consumer will help spend the...
As a means of stimulating depressed eCommerce volume, China’s Alibaba Group is launching an online shopping festival with 1 billion yuan ($144 million) in spending...
In its latest quarter, Alibaba Group saw its sales come out ahead of expectations, spiking 38 percent. The Chinese online shopping company had revenue of $23.19...
JD.com‘s annual 618 Shopping Festival was a big success for the Chinese eCommerce player, raking in $24.6 billion, according to new data from Coresight Research....