Net profit of Gree down by 5.75% in 2019

Gree posted revenue of 198.153 billion Yuan, up by 0.02% year-on-year, and net profit attributable to shareholders of the parent company 24.697 billion Yuan, down by 5.75% year-on-year, according to the annual report 2019 released by the company on April 29, 2020.

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Sales value of merchandise on Suning.com up by 12.47% in 2019

Suning.com posted revenue of 269.229 billion Yuan and net profit attributable to shareholders of the parent company 9.843 billion Yuan according to the annual report 2019 released by the company on April 18, 2020. For the same year, sales value of merchandise on Suning.com came to 378.740 billion...

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Revenue of JD.com up by 24.9% in 2019

JD.com posted revenue of 170.68 billion RMB for Q4 2019, up by 26.6% year-on-year, and 576.89 billion RMB for the whole year, up by 24.9% year-on-year, according to the report released by the company on March 2 2020. Active users of the platform grew by 18.6% year-on-year to 362 million from 305.3...

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Livestreaming gets a boost amid epidemic

The traditional clamor coming from shopping malls and supermarkets has been decidedly subdued this winter as the novel coronavirus outbreak has confined many would-be shoppers to their homes. But businesses have been thriving in the digital sphere, with more brands embarking on a growing marketing...

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Epidemic boosts small household appliance consumption

The novel coronavirus epidemic has boosted the consumption of small household appliances such as juice extractors, blenders and electric ovens. Chinese residents have become accustomed to baking food and squeeze juice on their own during the epidemic...

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