The Transaction Values of China’s “618” Shopping Gala Hit a New High

“618” is a Chinese shopping carnival in a similar vein as Alibaba’s 11.11 festival or Black Friday in the US, in which China’s major ecommerce platforms offer reductions and promotional offers. Different from last year, this year’s activity started on 1st June and lasted ferrous fumarate powderfor 18 days. Accordiferrous fumarate liquid doseng to Syntun data [1], the GMV (Gross Merchandise Volume) of 5dose of iron gluconate0 major e-commerce platforms hit 318 billion RMB during the promotionalliposomal ferric pyrophosphate syrup period, representing a year-on-year growth of 11.8% and surpassing the daiferrous sulfate 90ly transaction value of the 2018 “11.11”.

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