Alibaba, JD.com sales surge during 618 shopping festival on the back of subsidy programme

Alibaba, JD.com sales surge during 618 shopping festival on the back of subsidy programme

Preliminary 618 retail data from Taobao and Tmall Group (TTG), Alibaba’s domestic e-commerce unit, showed sales of categories that benefit from government subsidies – including consumer electronics products and home appliances – surged 283 per cent during the campaign’s initial checkout period from May 13 to May 26, compared with the initial checkout period of […]

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