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Apple iPhone 15 Sales Slump In China, Major Retailers Slash Prices Again

Major Chinese third-party retailers, JD.com, TMall and Pinduoduo are vying for consumers by giving even steeper discounts on Apple’s iPhone 15 just five months after its introduction, as the US tech company’s sales in China stagnate. The newest round of reductions follows similar hefty discounts provided by internet businesses in October. Third-party shops are also […]

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Brands Companies News

JD.com Eyes Currys Takeover, Challenging Elliot’s Bid For British Retailer

Chinese ecommerce platform JD.com has recently confirmed that it is exploring the possibility of acquiring Currys, a major electrical retailer in the UK. This announcement has sent shares of Currys soaring, as it opens the door for a potential bidding war after the rejection of a £700 million (USD 883 million) offer from U.S.-based investor […]

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