Spinee wrote a post · Jun 1, 2023 21:19

JD: 23% More Brands Surpass RMB100M Sales in 10 Mins of '618' Festival Launch

Sales of brands such as Midea, Haier, $XIAOMI-W(01810.HK)$ , Gree $Gree Electric Appliances,Inc.of Zhuhai(000651.SZ)$ and $Apple(AAPL.US)$ have already exceeded RMB100 million just after the opening, with the number of brands exceeding RMB100 million in sales within 10 minutes of opening increasing by 23% YoY.

More than 60% of new merchants' 10-minute sales exceeded the daily average in May, while nearly 50% of small and medium-sized merchants' sales increased by more than 200%.

$JD.com(JD.US)$ $JD-SW(09618.HK)$ $Hang Seng TECH Index(800700.HK)$ $PDD Holdings(PDD.US)$ $BABA-SW(09988.HK)$

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