China's nationwide e-commerce sales during this year's 618 shopping festival totaled 9.34 trillion yuan, up 4% year on year, according to Ming Pao, citing data from consumer-sector big data provider Xingtu Data.
The festival period ran from May 13 to June 18 and covered major e-commerce platforms, instant retail and community group-buying. The 4% growth marked a sharp slowdown from the 15.2% increase recorded over the same period last year.
China's 618 Shopping Festival Online Sales Hit 9.34 Trillion Yuan, Growth Slows to 4%
2026-06-24 06:03:56
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