, China

JD618 Grand Promotion sees RMB379b transaction volume: JD

This exceeded last year’s transaction volume.

This year’s JD618 Grand Promotion saw a total transaction volume of RMB379.3b, exceeding last year's figures, JD Worldwide reported.

In the first 24 hours of the 18-day campaign alone, JD recorded hundreds of brands saw a 100% increase in sales.

Moreover, over 400 brands saw their sales double in the final 28 hours of the festival that closed on June 18. 

In particular, over 50 cosmetic brands registered a 100% year-on-year rise in sales, whilst self-operated fashion brands recorded a 98% growth. 

Baby diaper sales and dietary supplements’ sales climbed by 243% and 79% YoY, respectively. Luxury goods and watches, meanwhile, saw a 300% growth.

“The growth was predicted, but I didn’t expect it to be so high,” Pinky Nie, head of the official overseas flagship store of the UK’s Vitabiotics, said. 

Vitabiotics first launched its product in JD618 campaign in 2021. 

It reported a 249% increase in sales conversion rate and a 107.31% growth in gross merchandise volume month-on-month during the campaign. 

 

Follow the link for more news on

Join Retail Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Brands told to come clean about beauty care
Consumers are more discerning and can easily spot fake ingredient claims.
Swarovski cracks TikTok to scale luxury amongst Gen Zs
The Austrian glassmaker is working with influencers to connect with the Singaporean market.
Starbucks Korea opens high-tech store in Seoul
Its first reserve-only branch features AR art installations and a Mixology Bar.
Decathlon gets closer to hybrid Singaporean shoppers through pick-up service
The world’s largest sporting goods retailer lets clients pick up online orders on the go.Decathlon is building on the success of its pick-up service in Singapore as it progresses toward its target of having 37 locations in the city-state in the next two years, its top official said.