China’s JD.com Posts Slowest Growth Ever in ‘618’ Shopping Event
Total sales by China’s e-commerce giant JD.com rose 10.3% over the 18 days to Sunday during the first major shopping festival since a recent COVID-19 outbreak, the company said, sharply down from the 2021 event’s growth of 27.7%. This year’s figure was the slowest for the retailer, showing how consumer appetite in the world’s second … Read more