China’s E-commerce Landscape Shifts as 618 Shopping Festival Reveals Rising Stars
China’s annual 618 shopping festival concluded with a significant story beyond the headline 13.6% growth in gross merchandise value (GMV) across major e-commerce platforms, according to data from research firm Analysys. A closer look reveals a dynamic shift within the competitive landscape, with newer players challenging the dominance of established giants. Solid Growth, Squeezed Margins […]