Chinese consumers are splurging—but probably not for long
IN THE West the shopping calendar is organised around the birthday of Jesus Christ. In China it is shaped by the birthday of JD.com. That giant e-commerce firm, established on June 18th 1998, introduced the '618' shopping festival in honour of its founding. The festival offers discounts and other enticements to shoppers in the run-up to the big day. But just as Christmas decorations seem to appear earlier each year, the 618 festival keeps starting sooner. This year's promotion began on May 13th, a week earlier than in 2024.
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Scotsman
5 hours ago
- Scotsman
More than a third of adults have already started budgeting for Christmas
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Economist
7 hours ago
- Economist
Chinese consumers are splurging—but probably not for long
IN THE West the shopping calendar is organised around the birthday of Jesus Christ. In China it is shaped by the birthday of That giant e-commerce firm, established on June 18th 1998, introduced the '618' shopping festival in honour of its founding. The festival offers discounts and other enticements to shoppers in the run-up to the big day. But just as Christmas decorations seem to appear earlier each year, the 618 festival keeps starting sooner. This year's promotion began on May 13th, a week earlier than in 2024.
The National
9 hours ago
- The National
Aberdeen weekend night bus services to return
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