More worries for China, sales at big e-commerce festival drop for first time
More Worries For China, Sales At Big E-commerce Festival Drop For First Time
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BING NEWS:
- China’s 618 e-commerce festival sees 7% drop in sales amid economic headwinds
China’s annual 618 mid-year e-commerce festival, a significant indicator of consumer spending in the world’s second-largest economy, experienced a decline in sales for the first time in eight years.
06/19/2024 - 11:58 pm | View Link - China records first-ever sales drop in mid-year 618 shopping festival, but live-commerce shines
E-commerce sales dropped 7.0% from a year ago during China’s second-biggest annual shopping event, the 618 festival, third-party data provider ... according to Syntun, the first drop recorded since ...
06/19/2024 - 1:00 pm | View Link - More worries for China, sales at big e-commerce festival drop for first time
Sales fell for the first time ever at China's blowout mid-year e-commerce sales festival as consumers remain cautious about spending as the economy sputters, according to third-party data estimates ...
06/18/2024 - 10:25 pm | View Link - More
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