Performance of China’s refrigerator industry in 2020
The sudden outbreak of coronavirus dealt a heavy blow to the offline market of China’s refrigerator industry, while boosted overseas demand to a huge high. The industry has been on a roller coaster amid the coronavirus. With uncertainties of overseas market and a fall in domestic market, the...
Data | Shipping of smart home devices down in Q3 2020
Shipping of smart home devices in China came to 51.12 million units for Q3 2020, down by 2.5% year-on-year, according to a tracing report on smart home devices released by Internet Data Center.
Read More →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...
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...
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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