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618 SHOPPING FESTIVAL
Apple's China smartphone sales jump 23% to start 2026, bucking industry trendChina's overall smartphone market fell 4% year-on-year in the January-to-early-March period, with government subsidies introduced at the s...- P N Gadgil Jewellers shares rally 5% after festive season sales soar 65% YoYP N Gadgil Jewellers reported record festive sales, with Navratri and Dussehra revenue up 65% YoY to ₹618 crore. Gold led growth, while dia...
- China's ecommerce companies are getting singed by a price warThe likes of Alibaba, Meituan and JD.com have been flooding consumers with discounts and coupons to gain market share in the booming one-ho...
- China's JD.com tops quarterly revenue estimates on steady e-commerce demandA major Chinese e-commerce company exceeded quarterly revenue expectations. This indicates strong consumer spending driven by discounts and...
- Apple earnings under pressure from tariffs, slow AI roll-outApple faces pressure from US tariffs and competition in China as it prepares for its earnings report. Despite expectations of a 4.2% revenu...
- Apple earnings under pressure from tariffs, slow AI roll-outWall Street expects the company to post a 4.2% rise in revenue for the April-June quarter to $89.34 billion. Still, the focus will be on ho...
- Daily spending dips, but China's 618 shopping fest sets record with all-time high salesChina's big 618 shopping event wrapped up with record sales. The total sales hit a new high. But, daily spending was a bit lower. The sales...
- iPhone 16 gets a $351 price drop on Chinese e-commerce sites ahead of shopping frenzyTo combat declining market share in China, online retailers are significantly discounting the iPhone 16 ahead of the "618" shopping festiva...
- Chinese ecommerce giant JD beats estimates for quarterly profitThe Chinese e-commerce giant saw a significant rise in quarterly profit, fueled by a mid-year sales festival and aggressive price cuts. Its...
- Apple's iPhone loses ground in China as Huawei and local brands surge aheadApple Inc. lost market share in China in the June quarter, with iPhone shipments dropping 3.1% as local brands like Huawei surged. This pus...
- China consumer prices inch up but deflation pressure lingersIn June, China's consumer prices rose slightly by 0.2% year-on-year, marking the fifth consecutive month near zero, highlighting ongoing de...
- Asian shares subdued, yen hits record low versus euroAsian shares subdued, yen at record low. Nasdaq tumbled, Dow Jones rallied. Chinese stocks slightly higher. U.S. PCE price index awaited. I...
- More worries for China, sales at big e-commerce festival drop for first timeThis year the shopping festival failed to stir up much excitement among shoppers, industry experts said, even as major platforms extended o...
- Pinduoduo-owner PDD beats second-quarter revenue expectations, shares jumpEcommerce platforms in China have been offering discounts and subsidies to lure shoppers in an uncertain economy. The focus on low-cost pro...
- Alibaba's quarterly revenue beats even as China's economic recovery sputtersIn the first quarter of its staggered financial year, the group's revenue amounted to 234.1 billion yuan ($32.5 billion), higher than analy...
- China's e-commerce extravaganza loses shine as consumption declinesChina's midyear shopping festival, 618, is seeing lower consumer spending as customers face stagnant incomes and a tepid economy due to yea...
- Chinese ecommerce giants entice cautious consumers with steep mid-year discountsThe 618 festival, named after the founding date of JD.com but embraced by all platforms and running from late May until June 18, is a key t...
- China's JD.com posts slowest growth ever in '618' shopping eventCHINA-CONSUMPTION-China's JD.com posts slowest growth ever in '618' shopping event
- China to tighten antitrust legal enforcement: new antitrust bureau headChina last month elevated the seniority of the market regulator's antitrust unit, the National Anti-monopoly Bureau, and appointed Gan as c...
- Gold rate today: Here is how the yellow metal may fareBullion counter may trade on a weaker path, said brokerage SMC Global.
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