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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China's home appliance sector reports steady profit growth in first nine months

China's home appliance sector saw steady profit growth in the first nine months of the year, official data showed. The industry's total profits amounted to 93.94 billion yuan ($13.4 billion) during the January-September period, up 5.9 percent year-on-year, according to the Ministry of Industry and...

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Coffee machine market grows steadily with promising prospects ahead

Chinese consumers’ attitudes towards coffee change along with their growing pursuit of a high quality of life. From beverage to social lubricant, coffee seems to become a cultural symbol nowadays and has been penetrating into our daily life. Clearly, the growing number of coffee consumers generate ...

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Dishwasher sector saw dazzling online sales

Amid the overall lackluster performance of Chinese home appliance industry from January to July 2019, dishwasher sector stands out with strong growth, posting combined sales value of 3.46 billion Yuan, a year-on-year growth of 24.9%, and sales volume of 725,000 units, a year-on-year growth of 24.9%,...

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China's home appliance industry saw profit up by 14.9% to 79.9 billion Yuan from Jan to Aug 2019

China's home appliance industry saw combined revenue of 1051.3 billion Yuan from January to August 2019, a year-on-year growth of 4.7%, and combined profit of 79.9 billion Yuan, a year-on-year growth of 14.9%, according Ministry of Industry and Information Technology. When it comes to breakdown...

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