Singles’ Day Underscores The Importance Of Mobile And Lower-Tier Cities For China’s E-Commerce Companies
November 12, 2014 at 01:44 AM EST
Major Chinese e-commerce companies like Alibaba, JD.com, and Xiaomi all achieved record-breaking sales yesterday during Singles’ Day. What’s even more interesting about this year’s Singles’ Day, however, is that it shows mobile transactions are indeed growing rapidly, to the relief of e-commerce companies, and underscores the importance of smaller cities for the… Read More