China’s midyear shopping festival was a relatively muted affair ... said Sunday that its total transaction volume for the June 18 shopping extravaganza hit 379.3 billion yuan ($56.47 billion ...

BOSTON--(BUSINESS WIRE)--According to new research from Strategy Analytics, 14 million units of smartphones were sold during 6.18 online shopping festival in China this year, down -25% YoY.

A woman stands near an advertisement for the annual June 18 Shopping festival in Beijing, Sunday, June 18, 2023. Chinese consumers snapped up billions worth of items in China's first major online ...