Despite the rewards brought by the recovery of the Nike and ...
Despite the rewards brought by the recovery of the Nike and Adidas markets, Taobo is facing new challenges: the rise of Guochao brands and consumer preferences for domestic products may affect its market share, while DTC and e-commerce push can further squeeze its living space. Taobo must find new drivers for growth.
Taobo (06110) returns to growth: a “shovel seller” on a racetrack where sports shoes and clothing are hot
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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