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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…
Have you ever wondered how to tap into one of the world’s largest consumer markets, where fashion and online shopping reign supreme? If so, you’re in for an exciting journey as we explore the captivating world of selling shoes in China through e-commerce. In an era where digital innovation knows no bounds, and where Chinese…
In the dynamic world of luxury goods, watches have stood the test of time (pun intended) as symbols of prestige, craftsmanship, and tradition. As China emerges as one of the largest consumer markets in the 21st century (and luxury watch sales exceeded $10.89 billion in 2023), tapping into its vast potential is the ambition of…
September 4, 2023, Beijing – Imagine a blend of coffee and a legendary Chinese spirit, Kweichow Moutai, coming together to create a sensation that’s sending taste buds on a wild ride. That’s precisely what happened when Luckin Coffee, the famed Chinese coffee chain, teamed up with the esteemed Kweichow Moutai to craft something truly extraordinary….
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…
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