singles' day

Volume of Apple sales underperforms Huawei, Xiaomi on China’s Singles Day: Data

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Volume of Apple sales underperforms Huawei, Xiaomi on China’s Singles Day: Data

BEIJING: Apple saw a decline in the number of smartphones sold during China’s recent Singles Day shopping festival, data from Counterpoint Research showed, lagging domestic rivals Huawei and Xiaomi which recorded robust increases.The number of Apple smartphones sold declined 4% year-on-year during the two-week sales from Oct.r 30 to Nov. 12, the research consultancy said … Read more

Singles’ Day: China’s Alibaba, JD.Com boost singles’ day sales with discounts

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Singles’ Day: China’s Alibaba, JD.Com boost singles’ day sales with discounts

China’s Alibaba Group Holding and JD.com reported sales increases for Singles’ Day, after the e-commerce giants offered steep discounts to attract consumers to the country’s shopping extravaganza.Alibaba said its gross merchandise value and order amount rose from as year earlier, while JD.com reported its orders hit new records. Neither company provided overall revenue figures for … Read more