The price struggle is anticipated to remain intense throughout the annual shopping promotion, which is analogous to Black Friday in the US. Shoppers, sales shops and businesses alike will all be specializing in their goal markets during this promotion interval, highlighting the necessity for retailers to embrace the digital transformation in order to maximize the impression of their manufacturers and areas of expertise on customers.
China’s second largest e-commerce big, has announced Tuesday morning a whopping RMB159.2 billion (roughly USD$25 billion) worth of orders to shut its annual mid-year â€˜618′ on-line shopping festival , JD’s counterpart to Alibaba’s yr-end â€˜Singles Day’ purchasing festival.
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