Appliance giant Midea Group expands footprint into Middle East market
Chinese home appliance maker Midea Group is ratcheting up efforts to expand its footprint in the Middle East, establish more overseas manufacturing bases and boost brand awareness by providing products and technologies for the ongoing FIFA World Cup Finals football tournament in Qatar.
Chinese home appliance makers expand presence in Middle East and Africa
Chinese home appliance makers are accelerating steps to expand their presence in the Middle East and Africa, and looking to enhance brand awareness and boost product sales by sponsoring or providing products and technologies for the ongoing FIFA World Cup in Qatar.
More than 50 million units of home appliances sold during Singles’ Day Shopping Festival on JD.com
As of 24 o’clock on November 11 2022, more than 50 million units of home appliances were sold to more than 20 million users during JD Singles’ Day Shopping Festival on JD.com, and transaction value of many brands grew more than 50% YoY.
Read More →Energy saving, smart home appliances sold in large numbers during Singles’ Day Shopping Festival on Suning.com
Suning.com saw its offline sales of energy saving appliances up 141% month-over-month during Singles’ Day Shopping Festival 2022, smart home appliances up 153% month-over-month, whole house customization orders up 186% month-over-month, and centralized & integrated appliances up 113% month-over...
Read More →Net profit of Skyworth Group up 7% YoY for the first three quarters of 2022
Skyworth Group posted revenue of 38.419 billion RMB for the first three quarters of 2022
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