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

wallstreetcn14:49 ET

US-Listed Chinese Stocks Earnings Are Coming; Options Market Sentiment Turns Bullish

Options NewsmanNov 11 04:15 ET

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Moomoo NewsNov 11 00:15 ET

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.

wallstreetcnNov 10 23:07 ET

byd company limited firmly holds the iron throne

Intensifying competition.

wallstreetcnNov 8 06:09 ET

New energy vehicles achieved a record high in retail sales in October, with a consecutive four-month market share of over 50%. China Association of Automobile Manufacturers: Expected to grow nearly 40% for the whole year.

①Caixin reporter's statistics show that in October, 14 A/H-listed vehicle companies achieved year-on-year growth, with 10 companies accounting for over 70%. ②Cui Dongshu predicts that the domestic sales volume of new energy passenger vehicles in the fourth quarter is expected to be 3.55 million units, a 39% year-on-year increase. The cumulative sales volume in 2024 is expected to be 10.68 million units, a 38% year-on-year increase.

cls.cnNov 8 05:05 ET