Market Chatter: Alibaba, JD.Com See Small Home Appliance Sales Soar During 618 Promotion
Sales of small home appliances surged during the 618 shopping festival, Yicai Global reported Wednesday.Alibaba's Tmall saw home appliance sales jump 21% in May, with robot vacuum cleaners jumping 55% during the month, the report said.JD.com's hair dryers surged 200% since June 7, while that of massage and foot therapy devices soared 132%, and electric toothbrushes and water flossers increased above 150%, Yicai reported.E-commerce platforms in the country started their 618 promotions in May, the report said.