China’s Mid-Year Shopping Festival Highlights Buyer Recovery
June 01, 2023 at 14:49 PM EDT
The annual “618 sales event” in China put on by JD.com (JD) is off to a strong start this year. The increase in sales over last year showcases China’s buyer recovery potential, though that recovery has been slower and choppier than anticipated. JD.com hosts the shopping festival each summer and reported that 23% more brands [...] The post China’s Mid-Year Shopping Festival Highlights Buyer Recovery appeared first on ETF Trends .