e-commerce in China
Sales Competition Heats Up Between JD, Alibaba in Faux Festivals
JD's copycat festival, similar in nature and inspiration to Alibaba's Singles' Day event, still lagged in terms of the sales record. Read MoreLuxury Watch Brands Struggle to Feel ‘Exclusive’ Online
Motivated by rapid sales growth in China, high-end watch brands are attempting to build their digital presence in China without getting lost among the Pocky and paper towels. Read MoreHow JD.com And Tencent Benefit From Investment in Vipshop
The deal signals increasing competition among major e-commerce players in China, and luxury brands need to choose strategic alliances wisely. Read More