JD.com racks up $38B in sales in annual online shopping fest

  • “JD.com’s annual “618” online shopping extravaganza racked up a total of 269.2 billion yuan ($38 billion) worth of transactions, as consumers splurged during China’s first major e-commerce sale since the pandemic began.
  • This year’s tally was 33% higher than last year’s 201.5 billion yuan in sales. It reflects an increasing shift to online shopping as consumers shun brick-and-mortar stores.”

https://www.google.com/amp/s/retail.economictimes.indiatimes.com/amp/news/e-commerce/e-tailing/jd-com-racks-up-38b-in-sales-in-annual-online-shopping-fest/76461842

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