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Best USA Business Magazine 2024
By Reuters Published May 13, 2025 Chinese e-commerce retailer JD.com topped market estimates for quarterly revenue on Tuesday, in a sign of steady demand even as U.S. tariffs and prolonged economic weakness weighed on consumer sentiment. Reuters Consumer demand in China has faced a series of hurdles in recent years, with a prolonged property sector […]
Read MoreBy Bloomberg Published May 9, 2025 Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less affected by economic slowdown. See catwalkGucci – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight None of the products […]
Read MoreBy Bloomberg Published April 28, 2025 China’s e-commerce players are perhaps the most exposed to the trade war, the exception to arguments that the country’s tech sector will be able to weather the storm. Bloomberg If President Donald Trump’s tariffs hold, it would be devastating for the business models of PDD Holdings Inc.’s Temu, Shein, Alibaba Group Holding Ltd.’s international retailers, and […]
Read MoreBy Reuters Published March 20, 2025 PDD Holdings, which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand remained weak in China despite deep discounts and government stimulus to boost spending. Shutterstock While government stimulus measures and deep price cuts from retailers have drawn some shoppers, PDD’s sales report indicates […]
Read MoreBy Reuters Published Feb 9, 2024 China’s Alibaba Group Holding on Wednesday missed analysts’ estimates for third-quarter revenue, hurt by a weak retail environment and faltering economic recovery in the world’s second-largest economy. Reuters U.S.-listed shares of Alibaba fell 4% in early trading after the company flagged an increase of $25 billion to its share […]
Read MoreBy Reuters Published Jan 24, 2024 SoftBank Group has sold an additional 2 percent in India’s Paytm, the latest in a string of selldowns in the digital payments firm. SoftBank offloads another 2 percent in India’s Paytm – Reuters The Japanese conglomerate, which sold shares between Dec 19 and Jan 20, now holds a 5.06 […]
Read MoreBy Bloomberg Published Jan 11, 2024 Luxury conglomerate LVMH is in discussions with TikTok and its parent company ByteDance Ltd. on a plan for limiting counterfeit products sold on the popular video-sharing app. See catwalkLouis Vuitton – Spring-Summer2024 – Womenswear – Paris – © Launchmetrics The aim is to work together to achieve an “elevated […]
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