Nike (NKE) Outpaces Stock Market Gains: What You Should Know

Yahoo Finance17:45 ET

In 2024, the user base for november 11 shopping festival-related purchases on Tmall reached a record high, with the number of brands exceeding one billion increasing by 46.5%.

At 24:00 on November 11, 2024, the Tmall november 11 shopping festival-related came to a close, with a strong increase in total transaction volume and a record high number of buying users. Tmall has always been the main battlefield for brand transactions. During the entire Tmall november 11 shopping festival-related, 589 brands achieved sales exceeding one billion, a year-on-year increase of 46.5%, breaking historical records. Among them, apple, Haier, Midea, Xiaomi, nike, wuliangye yibin, and 45 other brands achieved sales exceeding 1 billion. Trendy brands like miHoYo, and beauty brands like Tom Ford, Kérastase, computed tomography, as well as Belgian fish oil brand WHC, made their debut in the Tmall november 11 shopping festival-related's "Billionaire Club." Tmall is also the best platform for new brands to establish themselves and achieve rapid growth.

Gelonghui Finance12:48 ET

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