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The Chinese Fruit Juice Beverage Market Exceeds USD 10 Billion As consumers’ awareness of health and wellness grows, more and more people are turning to products with higher fruit juice content. As consumers shift from fruit juice beverages to 100% fruit juices, the industry size is continuously declining. From 2011 to 2021, the proportion of…
Tmall reported increases in gross merchandise value (GMV), orders, and participating merchants in its 2023 11.11 campaign compared to the previous year. 2023 Tmall Double 11 event 2023 Tmall Double 11 event, highlighting the significant achievements of various brands and industries during the sale. Key Highlights of Tmall Double 11, 2023: Performance of New Brands:…
This article analyzes the performance of JD.com during the first phase of China’s “Double 11” (Singles’ Day) sales event in 2023. The analysis covers various product categories, brand performances, and consumer trends. Prices… prices… and Prices JD.com adopted a strategy of immediate sales plus pre-sales for the Double 11 promotion, which began on the evening…
The article reviews the successful completion of the 20+ day Douyin Mall Double 11 Festival. This event marked a breakthrough in sales for the mall, with brands achieving record-high performances. Douyin E-commerce Douyin E-commerce emphasized a “no bundling” strategy in discount plays, offering unbeatable prices through official discounts and mall gold cards. Brands leveraged key…
Situation is complictaed now in China, he Denied rumours. The topic #LiJiaqiDoubleElevenIncomeExceeds25Billion# surged on the hot search on Weibo and other social Media platform. 25 billion yuan of revenues? 3Billion $ in one week ? Media reports claimed that according to statistics from Li Jiaqi’s team and calculations based on the sales volume and pricing…
As the clock struck 23:59 on November 11th, the 15th edition of China’s e-commerce battle, famously known as “Double 11” or Singles’ Day, came to a close. This year, major platforms Tmall and JD.com, following last year’s trend, once again chose not to disclose their total sales figures. However, their statements revealed positive growth trends…
Master article with all trends 2023 by experts. As the 15th year of Double 11, or Singles Day, approaches, it has evolved from a Tmall initiative to one of the most significant annual events in the e-commerce industry, carrying with it high expectations. Especially this year, Double 11 is edefining the value of mega sales…
China has embarked on a monumental anti-corruption crusade, aiming its crosshairs at the healthcare behemoth that is its hospitals, pharmaceutical realm, and insurance funds. The motives are manifold – a slowing economy, public discontent due to astronomical healthcare costs, and the overarching need to foster a cleaner, transparent healthcare ecosystem. To quantify, over 180 hospital…
China’s online shopping isn’t just about clothes and gadgets anymore. Nowadays, more and more people are buying their medicine online. Why? With fast-growing cities and everyone getting smartphones, it’s just easier. Plus, as China’s middle class gets bigger, they’re spending more on health. However, selling medicine online has its own challenges. Rules about selling drugs…
Do you ever wonder what it takes to make a lasting impression in the heart of one of the world’s most dynamic and burgeoning consumer markets? Picture this: a nation of over 1.4 billion people, where ancient traditions blend seamlessly with cutting-edge technology, and where the pursuit of a cleaner, greener future has never been…
With an increasing purchasing power and digitalization of its society, China’s e-commerce market has naturally been growing exponentially while embracing new technologies and innovations. A big part of this innovative culture can be explained by the competitiveness of the market as well as a demanding consumer base. Today we are taking a deeper look into…
Despite facing significant competition in the food delivery market, Douyin remains committed to carving out a substantial market share in this sector. On September 4, in response to media reports suggesting that Douyin had abandoned its food delivery aspirations, representatives from Douyin’s Life Services team clarified to Business that they are indeed progressing with their…
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