Performance of China’s home appliance enterprises on Singles’ Day online shopping spree
Singles’ Day shopping festival, China’s largest online shopping spree on Nov 11 initiated by Alibaba, has witnessed new sales record. On this day, Alibaba’s Tmall posted GMV of 168.2 billion RMB, a year-on-year rise of 39%, while JD.COM posted 127.1 billion RMB. According to freshly released...
Read More →Performance of China's residential air conditioner sector in FY 2017
According to statistics from ChinaIOL.com, aggregate sell-in volume of residential air conditioners in FY 2017 posted 135 million units, a year-on-year rise of 37.6%, of which domestic sell-in volume posted 82.04 million units, a year-on-year rise of 59.7% and export sell-in volume 52.96 million...
Read More →Aux stepping up efforts in channel management
In the past two years, Aux, a rising air conditioner manufacturer of China, has been dazzling industry insiders with its fast pace in innovation and expansion. In the first half of 2017, Aux saw a year-on-year increase of 154% in domestic sales volume, and 60% in export value. Ranked top three by...
Read More →Performance of China’s home appliance industry from Jan to Aug 2017
China’s home appliance industry has seen its economic indicators continuously going up in 2017 thanks to its efforts in technology upgrading and product mix rebalancing. The main operating revenue from Jan to Aug posted 1.08 trillion RMB, a year-on-year rise of 17.3%, and profit for the same period...
Read More →Robot vacuum cleaner sector is rising
With recognition of consumers improving and market demands climbing, robot vacuum cleaner sector saw a hike in market size. Statistics from All View Cloud suggest that both sales volume and value of this category are ramping up year by year, with aggregate sales volume posting 1.78 million units, 2....
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