2020 First Half Home Appliance Distribution Channel Ranking: Sunning No.1, JD No.2
According to an independent source, China Household Electrical Appliances Research Institute and National Household Electrical Appliances Industry Information Center jointly released the "2020 Semi-annual Report on China's Household Electrical Appliances Industry" through online live broadcast. The report pointed out that in the first half of 2020, the domestic appliance market retail sales totaled 336.52 billion CNY, a year-on-year decrease of 18.4%, a slower rate of decline. Benefiting from the advantages of online and offline full-scenario retail, Suning accounts for 23.9%, ranking first in all channels of home appliances. JD and Tmall received 17.2% and 10.3% of the market shares respectively, taking the second and third positions.
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New Retail: Balcony Garden Swings China’s City Lifestyle Amidst COVID-19 Lockdown
Many stay-at-home city workers in China have not expected that one day, they will mimic the 80s housewives to grow vegetables at home. Apparently, even young people have divulged their plans to build balcony gardens amidst the fierce COVID-19 lockdown in recent months. Food insecurity has an outsized impact on encouraging the young generation to think of new ways that adhere to their modern lifestyles.
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Consumer Staples, Communication, Consumer DiscretionaryWIA2020 | Next 50 in Global Tech: Consumer Technology
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JD Logistics: sold 100% equity of JD international financial leasing to JD technology for 203 million yuan
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The 54.2857% equity auction bid of Yajiang snowway mining has reached 2700 times, with 700000 people watching
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