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The longest november 11 shopping festival-related has ended, with the platform's coupon service. Tmall achieved over 589 brands breaking the billion mark, while jd.com's brand transaction volume exceeded 0.017 million, a more than fivefold increase.
This year's november 11 shopping festival-related started 10 days earlier overall, with platforms offering competitive prices and services, good value for money. Tmall's transaction volume exceeded 100 million yuan, a year-on-year increase of 46.5%, setting a new historical record, while jd.com saw transaction volumes from over 30,000 small and medium-sized merchants more than doubling year-on-year. With government subsidies, home appliance consumption took the spotlight on this year's november 11 shopping festival, followed closely by mobile phones, digital products, and outfits. Jd.com reported a 200% year-on-year increase in transaction volumes for 519 home appliance and home furnishing product categories, while Xiaomi announced a total accumulated payment amount breaking 31.9 billion yuan through all channels, setting a new record for Xiaomi's annual major promotions. Over 100 live streaming rooms on Taobao surpassed 100 million yuan in transactions, reaching a historic high; jd.com's live broadcast order
China NEV Sales Rise to New Record of 1.43 Million in Oct, CAAM Data Show
The new energy vehicle sector rebounded in the afternoon, Xiaomi Group (01810) rose by 4.06%, October new energy retail hit a record high, and the China Passenger Car Association predicts a nearly 40% growth for the whole year.
Jingu Wealth News | The electric vehicle sector warmed up in the afternoon. As of the time of publication, Xiaomi Group (01810) rose by 4.06%, Leapmotor (09863) rose by 3.12%, Great Wall Motor (02333) rose by 3%, XPeng Motors (09868) rose by 2.79%, Guangzhou Automobile Group (02238) rose by 0.98%.
Canalys: In the third quarter, the smart phone market in Southeast Asia grew by 15%, with OPPO leading for the first time.
Canalys stated in its article that in the third quarter of 2024, the smart phone market in Southeast Asia grew by 15% year-on-year, reaching 25 million units. OPPO leads the Southeast Asian smart phone market with a shipment volume of 5.1 million units and a 21% market share, mainly thanks to its restructuring of entry-level models A3x and A3.
Track Hyper | Xiaomi 15 Series: Daily sales volume nearly 0.17 million units.
Lei Jun is pushing for a brand new starting point for the high-end development of Xiaomi smartphones.
Xiaomi Files for SU7 Ultra, to Debut at Guangzhou Auto Show on Nov 15
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