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, ...
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 ...
Read More →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...
Rapid heating electric water heater sector, a dark horse in broad sluggishness
Despite the broad sluggishness of water heater market amid the outbreak in H1 2020, rapid heating electric water heater sector stood out with a rise in sales, making it a dark horse of the industry.
Data | Integrated stove sector saw sales volume of 0.755 million units in H1 2020
Integrated stove market posted sales volume of 0.755 million units and sales value of 5.62 billion Yuan, down by 5.8% and 8.3% YoY respectively. Channel wise, offline market saw a dive of 20% YoY in sales volume and 18% YoY in sales value while online market witnessed a surge of 33% YoY in sales...
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