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...
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...
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...
Home appliance makers help fight virus
Major Chinese home appliance manufacturers have accelerated their steps to tap into the healthcare industry by producing masks, protective suits and disinfection equipment, along with deploying robots and automation technology in major hospitals in Wuhan as part of a broader push to help combat the ...
Haier to build 50 million euro fridge factory in Romania
Haier Group will invest over 50 million Euro to build a refrigerator factory in the town of Aricetii Rahtivani, Prahova County, Romania, according to the report of local media on February 18 2020. The 54,000 square meter factory will have a maximum production capacity of 600,000 units and will...
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