So, what’s up in China? 🇨🇳 Issue 50, covering 2 -8 November.

  1. Ant Group Refunds US$ 2.8 Trillion to Shanghai Investors after IPO Suspension.
  2. Alibaba joins US$1.1 billion investment in luxury e-tailer Farfetch
  3. Chinese President Xi Jinping said the economy can double in size by 2035.
  4. Alibaba tests extended 11.11 shopping festival amid increasing competition.
  5. Douyin rival Kuaishou files for Hong Kong IPO, reveals loss of over US$ 10 billion in first half
  6. Reference to ‘family planning’ was dropped from the 14th five-year plan, experts expects that it being stop punishing people for having too many babies.
  7. 20% of China’s New Car Sales to Be New Energy Vehicles by 2025
  8. China accounts for 55% of world’s AR/VR market
  9. China online gaming users hit 540 million in 2020

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#china #ecommerce #digitalmarketing #consumerbehaviour #marketingdigital #socialmediamarketing #marketing #socialmedia #contentmarketing

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