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CHINA RETAIL SALES GROWTH
Klarna trims full-year revenue, volume outlook as German retail weakensKlarna has adjusted its full-year volume and revenue forecasts downwards, citing difficulties in the German market. This decision resulted ...- Walmart turns to advertising as sales growth slowsWalmart's advertising business, Walmart Connect, is experiencing rapid growth. This segment significantly supports profits as same-store sa...
- China's Baidu, betting on AI, posts fifth straight quarterly revenue dropRevenue during the second quarter of the year came to 31.3 billion yuan ($4.6 billion), an unaudited financial report showed, a 4% year-on-...
- Beyond marathons and backflips, China's robots face a commercial testThe economic potential of humanoid robots manufactured in China is becoming increasingly evident. Investors are focusing on robots that can...
- ET Graphics: Agentic AI automates retail therapyAI agents are now initiating and completing millions of transactions weekly. Users can order food by simply chatting with artificial intell...
- Global Market: Chinese, Hong Kong stocks slip as AI shares retreat; energy stocks gainChinese and Hong Kong stocks declined as investors booked profits in AI and technology shares, while energy stocks gained amid rising Middl...
- Chinese humanoid robot maker Unitree to list in Shanghai on August 19Unitree's humanoid robots have drawn global attention for their running, dancing and performing of martial arts and the IPO was more than 8...
- Independence Day sales surge up to 25%, lifting festive demandThis year's Independence Day sales have brought impressive growth for brands and retailers, with value sales soaring by up to 25% and volum...
- Gold edges higher on softer dollar as rate-hike expectations easeIn early Asian trading on Monday, gold prices experienced a modest uptick, buoyed by a weaker dollar and fresh economic statistics. Anticip...
- Global Market Today: Asian shares mixed, dollar dips as Fed hike bets easeThe dollar experienced a decline following disappointing US economic indicators, leading to less anticipation for interest rate hikes. Trea...
- Dollar falls on surprise drop in US retail salesIn July, US retail sales surprisingly took a dip, leading to a decline in the dollar's value. This drop enabled the euro and sterling to so...
- US retail sales unexpectedly fall in JulyJuly saw a surprising dip in US retail sales, reversing the trend of recent strong performances. The earlier surge in consumer spending, fu...
- Unitree IPO: China’s humanoid robot starset for potentially explosive Shanghai debutUnitree is set for a highly anticipatedShanghai debut, with private-market prices indicating potentially steep gainsover its 150.8-yuan IPO...
- Factory sales of cars hit a July highIndia’s passenger vehicle sales rose 34% year-on-year to a record 457,810 units in July, supported by improved affordability and strong CNG...
- China's JD.com tops quarterly revenue estimatesThis year's annual mid-year shopping event, marking JD.com's founding on June 18, 1998, ran for more days than the previous year, giving ...
- China's Tencent posts 11% second-quarter revenue rise, profit misses estimatesFor the three months ended June, the Shenzhen-based gaming and internet company reported revenue of 204.8 billion yuan ($30.36 billion), ...
- Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
- July auto retail sales hit record high on rising rural demandVehicle registrations saw a significant 26% year-on-year increase in July. This performance marked the best-ever July for all vehicle segme...
- Auto sales hit record 2.59 million units in July, rise 26% year-on-yearJuly saw vehicle registrations hit an all-time high, fueled by strong consumer demand after the GST cuts. Sales of two-wheelers climbed by ...
- Auto industry total retail sales up 26 pc at 25,91,138 units in July, says FADATotal automobile retail sales in India grew by over twenty-five percent year-on-year in July. Passenger vehicle sales increased nineteen pe...
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