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Chinese Retail Sales Pickup In October: Here's What's Happening With Alibaba, JD And Pinduoduo Shares
Friday, November 15, 2024 - 5:13am | 537Chinese retail sales grew by 4.8% year-on-year in October picking up from September’s 3.2% growth, as per the National Bureau of Statistics on Friday. That annual retail sales forecast exceeded the 3.8% growth precited by a Reuters poll. What Happened: The robust growth in Chinese retail...
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Here's Why Alibaba Is No Longer Top Choice For Shoppers After Ruling China's E-Commerce Market For 15 years
Sunday, October 17, 2021 - 5:05pm | 399After being China's unbeatable e-commerce giant for more than 15 years, Alibaba Group Holding Limited (NYSE: BABA) is facing growing competition in the market. As consumer behavior shifts from targeted product searches to browsing and interaction, competitors are exploring the...