• 11/11/2024

China’s 618 shopping festival loses its shine, as Alibaba and JD.com avoid sales figures for more flattering data

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

E-commerce firms avoided discussing gross merchandise value numbers, once a key indicator of success, after China’s second-largest shopping festival concluded.

https://www.scmp.com/tech/big-tech/article/3224603/chinas-618-shopping-festival-loses-its-shine-alibaba-and-jdcom-avoid-sales-figures-more-flattering?utm_source=rss_feed