Tag: HUBEI

E-commerce titans Alibaba and JD.com are swiftly engaging in China’s new subsidy program aimed at boosting consumer spending on home appliances. Following the government’s trade-in initiative, both companies launched their campaigns promoting rebates in various provinces, enhancing competition with emerging players in the market. Prominent Chinese e-commerce platforms, including JD.com and Alibaba, are rapidly seizing…

E-commerce giants in China, including Alibaba and JD.com, are seizing new government subsidies aimed at boosting consumer spending by supporting home appliance purchases. They have launched multiple campaigns to engage shoppers as they compete against emerging rivals like Pinduoduo and Douyin, amid a backdrop of economic recovery initiatives. China’s leading e-commerce firms, including JD.com and…