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618 shopping festival

China’s retailers face grim outlook post disappointing 618 shopping festival

Chinese retailers are bracing for a tough near-term future following a dull performance during the mid-year online shopping festival, which has cast a shadow...

Chinese e-commerce sales up 14% for 618 shopping festival, report says

Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent...

China’s midyear shopping festival ends with Alibaba, JD.com declaring victory

Alibaba Group Holding and JD.com touted impressive growth trends but declined to reveal total gross merchandise value (GMV) figures for their midyear 618 shopping...

Alibaba’s pro tip to CEOs: live-stream on Taobao to engage consumers

Alibaba Group Holding is pushing CEOs to live-stream on its domestic e-commerce platform Taobao, as the tech giant ramps up efforts to win back...

Alibaba’s Taobao, Tmall show strong sales momentum during 618 shopping festival

About 185 brands – including major smartphone vendors Apple, Xiaomi and Huawei Technologies – have each achieved more than 100 million yuan (US$13.8 million)...

Pinduoduo heats up online price war during China’s 618 shopping festival

The novel system, which Pinduoduo rolled out on Wednesday, provides merchants on the platform a fast and intelligent way to “keep pace with ...

Alibaba touts 618 shopping festival sales, a sign of brighter outlook

Alibaba Group Holding and other e-commerce operators have released encouraging early sales data from their midyear 618 promotions – China’s biggest shopping season after...

Alibaba works with Douyin to attract new users ahead of midyear shopping festival

Alibaba Group Holding’s Taobao and Tmall Group is working with ByteDance-owned Douyin to attract users from the Chinese short video platform, as the e-commerce...

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