China's online retail sales rose 11.5% to CNY4.41 trillion (USD609 billion) in the first four months of the year, according to the Ministry of Commerce. Online retail sales of physical goods reached CNY3.74 trillion, accounting for 23.9% of the total retail sales. The 618 shopping festival, which began at 8 p.m. on May 20, saw significant early success with 59 brands, including Apple, Huawei, Xiaomi, and Vivo, each selling more than CNY100 million (USD14 million) of products on Tmall within the first four hours. Additionally, 376 products surpassed sales of 10 million yuan on Tmall. E-commerce giants such as Tmall, Pinduoduo, and JD.com are offering substantial discounts during the festival.
#China’s #618 shopping festival is in full swing with #Tmall, #Pinduoduo and #JD.com offering huge discounts. Sales for 59 brands have exceeded 100 million yuan ($13.81 million) and 376 products surpassed 10 million yuan in sales on Tmall in just four hours. As an important… https://t.co/CbVhGwz2VU
China's online retail sales saw steady expansion in the first four months of 2024, with emerging growth forces continuing to boost consumption, official data showed on Tuesday. #XinhuaNews https://t.co/Khm8Aidnec
Chinese online shopping festival kicks off with steep Apple discounts https://t.co/jo7vQ97Kva
Fifty-nine brands, including Apple, Huawei, Xiaomi, and Vivo, sold more than CNY100 million (USD14 million) of products each on Tmall in the first four hours of the 618 shopping festival, which kicked off at 8 p.m. in China yesterday. The country's e-commerce giants have switched… https://t.co/rkc0B4C44G
Fifty-nine brands, including @Apple, @Huawei, @Xiaomi, and Vivo, sold more than CNY100 million (USD14 million) of products each on Tmall in the first four hours of the 618 shopping festival, which kicked off at 8 p.m. in China yesterday. The country's e-commerce giants have… https://t.co/pwCsASYBda
China’s online retail sales rose 11.5% to CNY4.41 trillion (USD609 billion) in the first four months of the year from a year earlier, the Ministry of Commerce said. Online retail sales of physical goods reached CNY3.74 trillion, accounting for 23.9% of the total retail sales of… https://t.co/633PG7NQwR