Chinese e-commerce sales up 14% during 618 shopping festival, report says

Chinese e-commerce sales up 14% during 618 shopping festival, report says

Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent and Kuaishou’s 16.1 per cent. Alibaba and JD.com saw GMV grow 12 per cent and 5.7 per cent, respectively, according to Analysys. Workers sort parcels at an express logistics company in … Read more