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The longest november 11 shopping festival-related sale in history! Emphasizing quality, e-commerce platforms and live streamers confront "vicious internal competition".
①Within the first 30 minutes after the start of sales, 20 beauty brands on Tmall have achieved sales exceeding 100 million yuan, with 8 individual products surpassing the hundred million mark. ②This year's november 11 shopping festival-related major promotions, under the active competition of various e-commerce platforms, have extended from 3 weeks in advance to around a month in advance.
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E-commerce november 11 shopping festival-related performance anxiety? Multiple platforms rush to start sales, subsidize logistics.
①Major e-commerce platforms are more eager to start this year's november 11 shopping festival-related, and have generally significantly advanced the sales and pre-sale time of this year's major promotion. ②Against the background of interconnection, the relatively low e-commerce penetration rate and the need for improved logistics construction, the Hong Kong market is still an important battlefield for top e-commerce competition.
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Vipshop Holdings Analyst Ratings
Citi Maintains Vipshop(VIPS.US) With Buy Rating, Raises Target Price to $18
Nomura Adjusts Vipshop Price Target to $13.20 From $12.70, Maintains Neutral Rating
Buy Rating Upheld for Vipshop: Anticipated Revenue Growth and Positive Long-term Outlook Despite Short-term Weakness
Vipshop Price Target Raised to $18 From $15 at Citi
J.P. Morgan Maintains Vipshop(VIPS.US) With Buy Rating, Maintains Target Price $17
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