China's home appliance industry saw profit up by 12.9% from Jan to Nov 2019

China's home appliance industry posted revenue of 1440.9 billion Yuan, up by 4.3% year-on-year, and profit of 117.02 billion Yuan, up by 12.9% year-on-year, from January to November 2019, according to Ministry of Industry and Information Technology.

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E-commerce platforms expand to lower-tier markets

The freshly-ended double 11 shopping festival further attests to the value of lower-tier markets, and drives the rising trend of “e-commerce platforms to lower-tier markets” to a new high. With home appliance manufacturers and e-commerce platforms including Alibaba, Suning, JD and Pinduoduo...

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Robotic vacuum sector slows down growth with great potential untapped

Robotic vacuums come into our view as the consumption level of Chinese consumers gradually improves. The sector has been on a roll since 2012, and is now facing intensified competition when more and more internet brands jump into the landscape amid the broad sluggishness of economy. For year 2019,...

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Household garbage disposal is on a policy-driven rise

The new domestic garbage-sorting regulations released in Shanghai on July 1 brings citizens’ attention to household garbage disposals. Capitalizing on this, the sector starts to rise with sales multiplying. But how long will this momentum last?

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Brief sales report of JD.com for double 11 shopping day

JD posted transaction value on double 11 shopping day of 204.4 billion RMB, up from the 159.8 billion RMB last year by 28% year-on-year, according to JD.com.

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