Performance of China’s home appliance industry from Jan to Sept 2020

With covid-19 putting the world on hold in the first half of 2020, the global economy experiences a screeching halt and after that, a slow recovery. The black swan event changes the trend of global economy and upsets the dynamics of China’s home appliance industry. At a stage that features slow...

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Haier sells scenarios like cars with average sales per customer up to 220,000RMB

Two months after Haier released its scenario-based brand Three Winged Bird, I meet Li Huagang, Vice President and Chief Experience Officer of Haier Group and General Manager of Haier Smart Home, at the recording site of AWE Cloud Forum on November 26, 2020. Speaking of the freshly released brand, Li...

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Brief sales report for Double 11 (Singles’ Day) Shopping Festival 2020 on JD.com

For this year’s Double 11 Shopping Festival, Tmall posted real time transaction value of 372.3 billion RMB, JD.com 271.5 billion RMB, up by 32% year-on-year, while Suning.com saw online retail sales surge by 170% year-on-year for November 11 alone and 75% for the whole Double 11 Shopping Festival, ...

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Data | Appliances for mother and baby use up by 55% in sales from Jan-Sept on JD.com

According to a report released by JD Home Appliance, 34 out of 100 consumers prefer appliances for mother and baby use over others from January to September 2020 on JD.com. For the same period of time, sales volume of mother and baby care appliances sold on JD.com rose by 55% year-on-year, of which ...

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Home appliance industry brief from Jan-August 2020

As coronavirus gradually gets contained, China’s home appliance industry rallies with a narrowed falling rate. From January to August 2020, the industry posted revenue of 872.33 billion Yuan, down by 9.4% year-on-year, and profit of 65.97 billion Yuan, down by 10.3% year-on-year, according to...

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