“China’s second-biggest shopping festival is drawing to a subdued close, underscoring weak consumer confidence and government pressure on e-commerce platforms to disengage from excessive discounting. Marking the founding of e-commerce platform JD.com (9618.HK), opens new tab on June 18, the 618 mid-year shopping festival once showcased booming online shopping that in turn drove economic growth. It has evolved from a one-day event to a weeks-long stretch of discounted offerings from all major e-commerce platforms.” submitted by /u/talkingatoms
Originally posted by u/talkingatoms on r/ArtificialInteligence
You must log in or # to comment.