China subsidies give Alibaba, JD.com sales lift during 618 shopping festival

Instant retail reshapes consumption habits in China, driving new growth

Instant retail reshapes consumption habits in China, driving new growth

Is China going through a consumption revival? Its 618 festival is one sign of it

The festival pointed to a pickup in consumption, as e-commerce companies reported strong sales of consumer electronics, as well as beauty and pet care products.

China's 618 shopping festival 2025 sees strong sales and consumer spending fuelled by government subsidies

An Apple iPhone 16 Pro sold for 2,500 yuan (S$448) off its original price on e-commerce platforms after subsidies. Read more at straitstimes.com.

China subsidies give Alibaba, JD.com sales lift during 618 shopping festival

Chinese e-commerce giants Alibaba Group Holding and JD.com reported record

China's extended 618 shopping fest fails to stir excitement

Retailers and the government have sought to lift subdued spending by deepening discounts and expanding consumer subsidies.