Labubu and the broader "toys and trendy collectibles" category saw six brands exceed the $83.4 million sales mark during this ...

China's largest mid-year shopping festival, 618, ended on Wednesday with record sales, though daily spending dropped amid an ...

Online spending by Chinese consumers exceeded $100 billion as government measures bolstered consumption among cautious households.

Traditionally, the sales event has occurred solely on June 18, but some companies ... this year was more than six times higher than the value seen during the shopping festival period last year.

The festival pointed to a pickup in consumption, as e-commerce companies reported strong sales of consumer electronics, as ...

The 18 June sales event, China’s second largest shopping festival after Singles’ Day in November, was rolled out across Alibaba’s platforms including Taobao, Tmall and Cainiao. More than 200 luxury ...

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.