On the bustling streets of Bangkok, TikTok Shop’s Singles’ Day shopping campaign is hard to miss, as large LED screens flash promotions in endless loops. Promotions have been infiltrating people’s lives in other ways, as well. On the ride-hailing app Grab, TikTok Shop’s Double 11 logo appears prominently on the map interface. A promotional blitz … Read more
Alibaba Group Holding and JD.com wrapped up their respective Singles’ Day promotions this year, with both Chinese e-commerce giants claiming strong results that signify a rebound in domestic consumer spending during the world’s largest annual shopping festival. Taobao and Tmall Group (TTG), Alibaba’s domestic e-commerce business unit, on Tuesday said its Singles’ Day campaign had … Read more
Alibaba Group Holding says this year’s Singles’ Day campaign has seen strong demand in four product categories – home appliances, consumer electronics, beauty and apparel – in a sign of consumer-spending recovery on the mainland, as the world’s largest online shopping festival drew to a close on Monday. Taobao and Tmall Group (TTG), Alibaba’s domestic … Read more
When Alibaba Group Holding held its eleventh Singles’ Day shopping festival in 2019, it culminated in Shanghai that November with a performance by American pop sensation Taylor Swift to help get consumers in a cheerful mood. Five years later, China’s largest e-commerce company decided a party for the world’s largest online shopping festival was no … Read more
Strong iPhone 16 sales in China have returned Apple to the No 2 spot in the local smartphone market in the third quarter, after it had fallen out of the top five in the previous three months, according to the latest data from research firm IDC. iPhone shipments captured 15.6 per cent of the market … Read more
TikTok owner ByteDance has been losing momentum in 2024, with slower revenue growth and narrower profit margins for the first three quarters compared with last year, according to local media. Revenue growth “significantly” slowed for the first nine months of the year, while profit margins slimmed for the first time since 2022, Chinese tech media … Read more
Under its Singles’ Day promotion, Apple’s Tmall store started offering a 500-yuan voucher for all iPhone 16 models from 8pm on Monday, according to a Tmall announcement on Sunday. Prices for the basic iPhone 16 model and the premium iPhone 16 Pro Max start from 5,499 yuan and 9,499 yuan, respectively. Tmall has also offered … Read more
Alibaba Group Holding claimed progress in the use of its digital marketing tool Quanzhantui – a key measure to boost monetisation of its Taobao and Tmall marketplaces – six months after the company launched the product. Quanzhantui, a digital marketing tool for merchants, has been closely watched since it was rolled out by the Taobao … Read more
Yang, known for her biting jokes about men, on Monday appeared in a JD.com live-streaming session that sparked a four-day backlash from some of the platform’s users, which prompted the Beijing-based online retailer to issue an apology on Friday. A Weibo user, with the pseudonym Zhichilaotou, said he had cancelled his JD.com account and persuaded … Read more
The Hangzhou-based e-commerce powerhouse on October 1 started a three-month promotion to waive delivery fees for certain Taobao orders that cost more than 99 yuan, covering categories such as fashion accessories, electronics, skincare and cosmetic products. Alibaba owns the South China Morning Post. Taobao, mainland China’s largest online shopping platform, has so far achieved double-digit, … Read more
