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...
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,...
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?
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.
Brief sales report of Suning.com for double 11 shopping day
Transaction volume of Suning on double 11 shopping day rose by 76% year-on-year according to the company report. It is learned that 13,000 Suning brick-and-motar stores took part in the company’s double 11 campaigns. For Suning’s online channel alone, “life appliances” (mostly portable...
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