Gross merchandise value from this year's 618 festival was 7% lower from last year, falling for the first time since 2016, according to data from Syntun. It is China's second-biggest event in terms of ...

BEIJING, June 19, 2024 /PRNewswire/ -- The "618" Grand Promotion of 2024 has drawn to a close, a landmark event that has ushered in a new era of simplified shopping. This year's event has eschewed the ...

To receive the Vogue Business China Edit, sign up here. This year's 618 shopping festival in China was low-key and restrained. After months of stringent Covid lockdowns in Beijing and Shanghai, ...

SHANGHAI — As a key barometer of China‘s overall retail temperature, this year’s 618, a monthlong shopping festival that ended around June 18, was visibly subdued — major players like Alibaba and ...

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You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. China's e-commerce platforms worked hard to attract shoppers during the country's annual 618 shopping ...

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up China’s second largest annual shopping festival, ...

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up China’s e-commerce platforms brought in RMB ...

CHINA’S annual “618” shopping festival has shown a prominent focus on artificial intelligence (AI), with major Chinese e-commerce platforms embedding AI into every link of the supply chain from ...