Double 11 Festival Sees Consumption Surge with Trade-In Incentives
China’s new trade-in incentives significantly boosted consumption during this year’s Double 11 shopping festival, with major platforms like Tmall and Pinduoduo leading the way.
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China’s new trade-in incentives significantly boosted consumption during this year’s Double 11 shopping festival, with major platforms like Tmall and Pinduoduo leading the way.
China’s Double 11 shopping festival kicks off early this year, offering up to 20% discounts on home appliances and computers, leading to record-breaking sales.