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 country out of the pandemic, and the success of 618 shows that they likely will. Get the Full Story Complete...
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 subsidies to offset the impact of the Coronavirus, the company announced on Thursday (March 5), Reuters reported. Get the Full...
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 billion or 161.45 billion yuan in the quarter concluding on Dec. 31, which was higher than 117.28 billion yuan a...
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. In a report, Coresight Research said that the shopping festival, which ran from June 1 through June 18, saw a...
March 05, 2020
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 subsidies to offset the impact of the Coronavirus, the company announced on Thursday (March 5), Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy […]
February 13, 2020
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 billion or 161.45 billion yuan...
June 25, 2018
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. In a report, Coresight Research...
