Alibaba to sponsor Lunar Year Spring Festival Gala to reach China’s thrifty consumers

Alibaba to sponsor Lunar Year Spring Festival Gala to reach China’s thrifty consumers

Alibaba Group Holding has won the sponsorship for the 2025 Spring Festival Gala show, China’s most-watched event of the year, as the e-commerce giant reaches out to consumers to regain growth momentum. The Hangzhou-based company signed a deal with China Media Group (CMG), which owns state broadcaster China Central Television, to be the “exclusive e-commerce … Read more

Chinese e-commerce giant JD.com bets big on Lunar New Year gala amid heated competition

Chinese e-commerce giant JD.com bets big on Lunar New Year gala amid heated competition

Chinese e-commerce giant JD.com has inked a partnership deal with the 2024 Spring Festival Gala, aired by state broadcaster China Central Television (CCTV), to give away gifts and “ digital red packets”, as domestic tech companies continue to leverage the show’s popularity to attract users. JD.com will be the “exclusive interactive partner” of this year’s … Read more