Dada-JD Daojia sales in shopping festival nearly double

15:16, October 24, 2019

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  Gossip unlikely to help Dangdang win ‘Double 11’ shopping festival

  (File photo: VCG)Although a quarrel between Chinese online book seller dangdang.coms founder Li Guoqing and his wife Yu Yu has attracted lots of attention online, the company is not likely to become a winner during this years "Double 11" shopping festival solely because of gossip, analysts said.The gossip surrounding the divorce of the couple generated nearly 80 million views on Thursday on social media Sina Weibo alone. The two have accused each other of duplicity and chaotic private lives.But analysts said even with all the attention the gossip has generated, the company wont win the upcoming "Double 11" shopping festival as the platform has failed to keep pace with other e-commerce platforms in innovation."Dangdang will attract attention from users for a period of time, but it remains uncertain how many users will stay on the platform and make orders," Mo Daiqing, senior analyst and director of the online retail department of Chinas E-Commerce Research Center, told the Global Times on Thursday."The argument between Li Guoqing and Yu Yu will affect the brand and reputation of the dangdang platform. There is still a certain distance between dangdang and other e-commerce platforms like Tmall and JD.com. It is difficult for dangdang to expand its user numbers and increase user engagement just with gossip," said Mo.According to Chinas E-Commerce Research Center, over the past two years, Taobao has attracted more than 200 million new users, more than 70 percent of whom came from the lower-tier market."The market in lower-tier cities has become the focus of e-commerce. This year during the Double 11 festival, online retailers such as Tmall, Suning Yigou and Gome will also focus on the lower-tier markets," said Mo.The user scale of the market in lower-tier cities, generally third-tier cities or counties below that level, is 670 million, accounting for more than half of the market, according ...

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  Hong Kong rioters ridiculous boycotting Alibaba’s Double 11 shopping festival: analyst

  Hong Kong rioters appeal to boycott shopping on Alibabas e-commerce platform Taobao during the upcoming Double 11 shopping festival, which falls on November 11 each year, is ridiculous and unrealistic, analysts said.Sales records for Alibabas Double 11 shopping festival are on display during the World Internet Conference in Wuzhen, East Chinas Zhejiang Province on October 19.(Photo: Zhang Hongpei/GT)Some radical Hong Kong protesters recently posted on local social media platforms that no orders should be placed on e-commerce platforms located in the Chinese mainland on November 11. Since that didnt seem feasible, the protestors thought out new tricks: Orders can be placed after the festival to make sure they do not contribute to the sales volume on that day.The appeal has actually drawn mixed opinions among the protestors themselves. "Hongkongers cannot stop buying on Taobao. My colleague bought a lot of things on Taobao while saying it should be boycotted," a protester with the nickname Lidaoannengjiu posted.In August, when riots in Hong Kong escalated and heavily damaged the citys social and economic order, retailers in the mainland stopped delivering equipment used by Hong Kong protesters, including masks, helmets and laser pens."It is very ridiculous to boycott the shopping festival, which goes against mainstream consumption passion," said Liu Dingding, a Beijing-based industry analyst.Mainland netizens also expressed their discontent. "It is purely making conflict. Hongkongers have the right to govern Hong Kong but not to bring chaos to it," said a netizen named Haojilin.Liu told the Global Times on Wednesday that online sales in Hong Kong would also be affected due to the unrest, which has hit the regions retail industry.Official data showed retail sales in Hong Kong slumped 23 percent in August on a yearly basis and fell 6 percent from January to August.Hong Kong ranked No.1 as the destina...

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  Nearly 100 injured in Catalan protests

  After another night of clashes in Catalonia which left nearly 100 people injured according to emergency services, activists again blocked roads on Thursday in the northeastern region of Spain.A car burns during a protest after a verdict in a trial over a banned Catalonias independence referendum in Barcelona, Spain, October 16, 2019. (Photo: VCG)For the third night running, protesters clashed violently with riot police in the Catalan capital on Wednesday night, torching cars and garbage bins, as they expressed their fury over the sentencing of nine Catalan separatist leaders to long jail terms over their role in a failed independence bid.Emergency services said 58 people were injured in Barcelona, including a 17-year-old who was hit by a police van. Another 38 people were injured in protests in other Catalan cities.Police arrested 33 people across the region, including 12 in Barcelona which recorded the most violent protests.Several roads were blocked across Catalonia on Thursday due to marches which departed from five Catalan towns the day before heading for Barcelona, local officials said.The marchers plan to converge in Barcelona on Friday when unions have called a general strike in the region.The violence erupted on Monday just hours after Spains Supreme Court handed down the prison sentences to nine Catalan leaders for their role in the failed independence bid in 2017.