{"id":130469,"date":"2025-06-03T12:00:11","date_gmt":"2025-06-03T12:00:11","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=130469"},"modified":"2025-06-03T12:00:11","modified_gmt":"2025-06-03T12:00:11","slug":"alibaba-jd-com-sales-surge-during-618-festival-thanks-to-subsidy-programme","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=130469","title":{"rendered":"Alibaba, JD.com sales surge during 618 festival, thanks to subsidy programme"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChinese e-commerce giants Alibaba Group Holding and JD.com are seeing strong sales momentum in their respective campaigns for this year\u2019s 618 shopping festival, on the back of the government\u2019s national subsidy programme.<br \/>\nPreliminary 618 retail data from Taobao and Tmall Group (TTG), Alibaba\u2019s domestic e-commerce unit, showed sales of categories that benefit from government subsidies \u2013 including consumer electronics products and home appliances \u2013 surged 283 per cent during the campaign\u2019s initial&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3312923\/alibaba-jdcom-sales-surge-during-618-shopping-festival-back-subsidy-programme?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChinese e-commerce giants Alibaba Group Holding and JD.com are seeing strong sales momentum in their respective campaigns for this year\u2019s 618 shopping festival, on&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/130469"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=130469"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/130469\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130469"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}