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Insights of the Battle Double 11 in China 2023

As the clock struck 23:59 on November 11th, the 15th edition of China’s e-commerce battle, famously known as “Double 11” or Singles’ Day, came to a close. This year, major platforms Tmall and JD.com, following last year’s trend, once again chose not to disclose their total sales figures.

What are JD growth trends You Should Keep an Eye On?

When it comes to JDcom growth trends, there are several you should definitely be aware of. Here we’ll take a closer look at some of the most important ones, so you can stay ahead of the curve and make the most of this e-commerce giant’s growth. Keep an eye on these trends, and you’re sure to benefit!

 TOP KOL lijiaqi sales on the first day $359 million for 618 festival

As the 618 shopping festival kicks off, prominent livestreamer Li Jiaqi, also known as the “Lipstick King,” has made a notable return, offering “red envelope” vouchers on his douyin channel. Despite facing challenges this year due to a backlash from previous comments made to a consumer, Li managed to generate impressive sales of 2.6 billion RMB ($359 million) on the opening day.