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Sunday, 12 May 2024

Sunday, 12 May 2024

Our archives on consumer spending

E-commerce in China shows resilience, despite modest sales growth in Double 11

E-commerce in China shows resilience, despite modest sales growth in Double 11

China's e-commerce rebounded in 2023, with Pinduoduo's remarkable performance surpassing that of Alibaba and JD.com. Alibaba responded with the 'Year-End Good Price' festival, emphasising a 'low price strategy.'

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