Chinese e-commerce giants face delicate balance between discounts, profit
By Reuters Published May 14, 2024 Quarterly earnings reports from Chinese e-commerce giants Alibaba and JD.com this week will be closely watched as barometers for the mood of consumers in the world’s second-largest economy. Reuters Both firms, which combined account for about 69% of China’s e-commerce market revenue, according to DBS estimates, have faced increasing [...]read moreChinese e-commerce giants face delicate balance between discounts, profit