Chinese smartphone buyers opted for handsets like Huawei's Mate 60 over Apple’s latest iPhone 15 during the two-week shopping festival

Last year the shopping bonanza saw sales of nearly $158 billion and some analysts have forecast that this year's tally, which has yet to emerge, could see double-digit growth

Chinese e-commerce giant records $84.5 billion in gross merchandise sales, but growth was lowest since the shopping event was created in 2009

Alibaba said sales of dozens of brands topped a billion yuan, while JD.com said sales were up 20% on 2023, helped by a state subsidy scheme for new appliances launched in July

Alibaba Group yesterday kicked off presales for this year’s 11.11 Global Shopping Festival, the biggest shopping event in...

Chinese consumers have become more cautious, analysts say, after sales during the second biggest online shopping festival slipped for the first time last week

Low prices are now so common in China, it is becoming more difficult for e-commerce platforms to keep customers engaged

The smartphone-maker is expanding its reach, after four years of damage from US sanctions, backed by flashy showrooms, premium products and an army of distributors

Huawei looks set to become the No-1 smartphone seller in China this year, backed by the launch of its new series of high-end phones

The Chinese firm said it had ended its lawsuits against Amazon in Germany over patented technology related to wifi and video playback

Both firms have seen their market shares squeezed by local rivals such as smartphone-maker Huawei and electric vehicle giant BYD, while a larger economic slowdown shadows China

Tech giant's revenue target cut by billions amid signs that Chinese consumers are buying more 'foldables' and smartphones from Huawei, powered by a locally-made chip