2025 "618" Promotion Report: GMV Reaches 855.6 billion RMB
BEIJING, June 19, 2025 /PRNewswire/ -- The 2025 "618" mid-year shopping festival commenced on May 13th, featuring a significantly extended promotion period compared to previous years, designed to boost demand and bolster consumption recovery. Major e-commerce platforms offered substantial discounts, augmented by government subsidies across a wide range of product categories. Promotional strategies were streamlined, prioritizing direct price cuts to enhance consumer purchasing incentives and shopping experience.
The deep integration of government subsidies has further amplified China's sustained consumer vitality. Local governments intensified subsidy policies, expanding coverage to diverse product categories to meet evolving consumer needs, thereby supporting market upgrading while maintaining robust demand.
Amid evolving consumer preferences, the e-commerce industry has entered a new phase of ecological restructuring and sustainable market development. Traditional e-commerce giants like Alibaba and JD.com have deepened collaborations with social media & e-commerce platforms such as Xiaohongshu and Bilibili, leveraging content-driven engagement to drive transaction conversions and reshape overall marketing strategies. Concurrently, China's instant retail market continues to exhibit explosive growth, fueling competition among traditional e-commerce players to expand into omnichannel ecosystems and redefine the retail landscape.
As a third-party data monitor, Syntun has consistently tracked and released "618" sales data to provide an impartial and objective perspective to the public.
According to Syntun, the Gross Merchandise Volume (GMV) during the "618" shopping festival (May 13th–June 18th) reached 855.6 billion RMB across major e-commerce platforms, including traditional and content e-commerce platforms, with Tmall ranking first. Meanwhile, instant retail platforms and community group-buying platforms contributed GMVs of 29.6 billion RMB and 12.6 billion RMB respectively.
For more details about the "618", please click the link: (Syntun_2025_618_Sales_Data_Briefing)
As a professional digital retail data service provider, Syntun has developed a variety of products in line with the needs of the retail industry, which can solve the problems encountered in the process of production, operation, marketing and management, and help brands make accurate decisions.
CONTACT:FB: Syntun ChinaTW: @Syntunchina
Syntun Marketing TeamTel: +86-10-5287-4212Email: info@syntun.com
Related Links: www.syntun.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/syntun2025-618-promotion-report-gmv-reaches-855-6-billion-rmb-302486374.html
SOURCE Syntun Ltd.
登入存取你的投資組合
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Associated Press
42 minutes ago
- Associated Press
DeRUCCI: A Global Pioneer in Healthy Sleep, Originating from China
06/21/2025, Dongguan, china // KISS PR Brand Story PressWire // From June 19 to 20, 2025, the 2nd Global Going Global Summit and Mid-Year China Industry Forum, themed 'Born Global · Inclusive Growth', was successfully held at Marina Bay Sands Convention Centre in Singapore. As a landmark event marking the internationalization of Chinese brands, the summit brought together senior government officials, scholars, and renowned entrepreneurs from across the globe. More than 1,000 leaders of outbound Chinese enterprises convened in Singapore to explore a new pathway for China's global expansion—from 'capacity migration' to 'civilizational coexistence.' As an official brand partner of the summit, and a leading force in China's home furnishing industry and high-end sleep sector, DeRUCCI showcased its global influence. The company's participation highlighted the determination and depth with which Chinese brands are advancing in the field of healthy sleep, setting new benchmarks on the global stage. Sleep Economy: Opportunities and Challenges in a Trillion-Dollar Blue Ocean Today, insomnia and poor sleep quality have become widespread issues affecting hundreds of millions of people across the globe—fueling an unprecedented boom in the sleep economy. According to consulting firm Frost & Sullivan, the global sleep economy is projected to reach USD 585 billion by 2025. This growing challenge has prompted high-net-worth individuals—who prioritize wellness and quality of life—to actively seek ways to improve their sleep. With increasing spending power and awareness, the sleep sector is emerging as the next high-margin category, following in the footsteps of nutrition and fitness. Among the wide range of sleep solutions, premium bedding has drawn particular attention for its direct impact on sleep environments and measurable improvements in sleep quality. However, this is also a fast-growing and highly competitive space. The key question is: How can brands win the trust of high-end consumers and secure a foothold in the global market? DeRUCCI, evolving from a market leader in China to a global benchmark in healthy sleep solutions, offers a compelling answer. Innovation-Driven: Transforming the Sleep Experience Through Technology In the high-end bedding market, product innovation is the key to brand differentiation. Achieving this innovation depends on technological breakthroughs in R&D and uncompromising quality control in manufacturing. For over two decades, DeRUCCI has remained committed to its mission of helping people sleep better. Guided by the principle of technology-empowered sleep, the brand integrates cutting-edge advancements—such as ergonomics, material science, and AI algorithms—into every aspect of product design. At CES 2025 in Las Vegas, DeRUCCI showcased its latest AI-driven innovations: the T11+ Smart Mattress and the T11PRO Smart Bed, which features an intelligent adjustable slatted frame. These products represent a full-spectrum AI application—from mattress to bed frame—delivering customizable entertainment before sleep, real-time comfort optimization during sleep, and assisted rising after sleep. The underlying algorithm has been upgraded to AI Tidal Algorithm 2.0, enabling the system to track users' historical body movement data for deeper, more accurate analysis and smarter responsiveness. DeRUCCI's commitment to innovation also extends to manufacturing. At its smart factory in Dongguan, built to Industry 4.0 standards, AI algorithms are used to optimize raw material cutting and assembly, reducing the customized production cycle to as little as three days. This highly flexible manufacturing capability empowers DeRUCCI to rapidly meet diverse market demands across different regions—enhancing both operational agility and customer satisfaction. Born Global: Localization Strategy for Cultural Resonance True globalization goes beyond market expansion—it requires a deep integration of culture and local consumer needs. As DeRUCCI expands globally, it adheres to a dual strategy of global R&D with local customization, anchored by the localization of sales, manufacturing, and talent. To meet the firmer comfort preferences of European and North American consumers, DeRUCCI has introduced high-density support mattresses. In Southeast Asia, it has developed antibacterial and anti-mite fabrics designed for the region's humid climate. For channel development, the brand has partnered with France's MDL Group to accelerate its entry into high-end home furnishing markets in Europe. In North America, DeRUCCI reaches its target audience through e-commerce platforms such as Amazon and Walmart. Today, DeRUCCI operates more than 5,400 stores across 10 countries. While online engagement is essential for durable consumer goods, in-person experience remains irreplaceable. After all, high-end bedding directly influences sleep quality—and by extension, overall well-being. Giving overseas consumers the opportunity to physically test DeRUCCI mattresses helps them truly appreciate their ergonomic support, firmness adjustability, and the innovative role of AI in sleep technology. Whether in luxury shopping malls in bustling cities or street-level stores in prime locations, DeRUCCI creates carefully curated, comfortable spaces where consumers can immerse themselves in a premium sleep experience. Amid global headwinds and rising consumer expectations, DeRUCCI continues to write a remarkable brand story—driven by technology, rooted in craftsmanship. It proves that real globalization is not about replicating products, but about solving universal problems through innovation and creating value through cultural resonance. As the Eastern name DeRUCCI appears in New York, Berlin, and Sydney, what the world sees is more than the rise of a Chinese brand—it is a new possibility for healthier, happier living. Organization: DeRUCCI Contact Person: DeRUCCI Website: Email:[email protected] Facebook: DeRUCCI Instagram: derucciofficial Country: China City: DongGuan
Associated Press
43 minutes ago
- Associated Press
China's Original Women's Fashion Power Wave! BIRD Fashion Fair 2025 Grandly Opens
06/21/2025, Beijing, CHINA // KISS PR Brand Story PressWire // On June 11th, the long-awaited momentum of China's original women's fashion ignited at the Shenzhen Convention & Exhibition Center (Futian) — BIRD Fashion Fair 2025 officially kicked off! This edition of the exhibition is hosted by the China National Garment Association (CNGA), co-hosted by Yifa Commercial Group, Shenzhen Jinhui Nanyou Fashion Original Center, Yinji Plaza and Guangzhou Baima Garment Market, this industry spectacle united China's premium womenswear brands renowned for market vitality, design innovation, and creative marketing. Together, they showcased the dynamic ascent and boundless energy of China's womenswear sector. Vitality Shines Through Exhibitors' Radiant Smiles At the opening ceremony, Chen Dapeng，Vice President of China National Textile And Apparel Council (CNTAC)，President of China National Garment Association (CNGA)，emphasized in his address: 'This exhibition embodies the unwavering confidence of participating enterprises amid industry transformation, reflects the sincere expectations of merchants and buyers across continents, and represents the collaborative spirit of all co-organizers. Together, we shall forge a more resilient, vibrant, and appealing future for the textile and garment industry in this new era of development!' Following his remarks, Jiao Pei，Vice President of China National Garment Association (CNGA), joined representatives from co-organizing partners to officially launch the inaugural BIRD 2025 exhibition. Within the 34,000-square-meter exhibition space, over 500 exceptional womenswear brands from across China attracted swarms of visitors. The moment visitors entered the venue, they were enveloped by the pulsating energy of Chinese original design. These brands captivated global buyers with exquisite craftsmanship, acute trend sensitivity, and an innovative spirit that harmoniously blends Eastern aesthetics with sustainable fashion concepts. Overseas buyers and media exclaimed: 'The responsiveness of China's womenswear supply chain and the acuity of original design leave a profound impression!' Vitality Thrives in Dynamic Business Negotiations Rooted in the Greater Bay Area yet with a global vision, BIRD 2025 precisely constructed a high-efficiency business network, serving as a robust bridge for China's 'dual circulation' development paradigm. The exhibition welcomed nearly 1,000 overseas professional buyers from Italy, Britain, Germany, Russia, Japan, South Korea, Vietnam, and emerging markets worldwide. They navigated through booths, conducted in-depth product selections, and generated abundant cooperation intentions, injecting strong momentum into the internationalization journey of Chinese womenswear brands. Efficient overseas buyer matching sessions (dedicated to Russia, Japan-Korea, Europe, Middle East, and other regions) buzzed with intense activity, fostering fruitful connections. Meanwhile, five heavyweight forums focusing on 'overseas markets' debuted on the first day, gathering global experts and industry leaders to share cutting-edge insights and practical strategies, guiding Chinese brands toward global blue ocean markets. Vitality Ignites in Dazzling Event Lineup BIRD 2025 transcended a mere trade fair—it became a vibrant hub igniting industry wisdom and foreseeing future trends! Over three days, more than 50 high-profile events unfolded continuously. Business matching sessions remained bustling throughout the exhibition period, while the BIRD Fashion Runway Shows captivated audiences with stellar presentations. The grand finale of the 14th DaLang Cup China Women's Fashion Design Competition Final pushed original design passion to new heights. The 'BIRD Fashion Experience Officer' interactive tours injected fresh fashionable energy and buzz into the event. At BIRD 2025, it witnessed the effervescent vitality of China's womenswear industry, its extraordinary creativity in shaping global trends, and the vast future landscape unfolding before all. Today, China's womenswear ecosystem resembles a flock of starlings taking flight—with BIRD 2025 as their launchpad, they are ascending toward greater horizons, broader skies, and a more powerful tomorrow! Company: Beijing Fashion-Expo Co., Ltd. Contact Person: YANG MENGYAO Email: [email protected] Website: Telephone: +86-10-6506 8181 City: Beijing, CHINA
Yahoo
an hour ago
- Yahoo
Sin Heng Heavy Machinery (SGX:BKA) Shareholders Will Want The ROCE Trajectory To Continue
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So on that note, Sin Heng Heavy Machinery (SGX:BKA) looks quite promising in regards to its trends of return on capital. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on Sin Heng Heavy Machinery is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.051 = S$6.0m ÷ (S$126m - S$8.4m) (Based on the trailing twelve months to December 2024). So, Sin Heng Heavy Machinery has an ROCE of 5.1%. In absolute terms, that's a low return, but it's much better than the Trade Distributors industry average of 4.2%. See our latest analysis for Sin Heng Heavy Machinery Historical performance is a great place to start when researching a stock so above you can see the gauge for Sin Heng Heavy Machinery's ROCE against it's prior returns. If you want to delve into the historical earnings , check out these free graphs detailing revenue and cash flow performance of Sin Heng Heavy Machinery. Shareholders will be relieved that Sin Heng Heavy Machinery has broken into profitability. The company now earns 5.1% on its capital, because five years ago it was incurring losses. On top of that, what's interesting is that the amount of capital being employed has remained steady, so the business hasn't needed to put any additional money to work to generate these higher returns. So while we're happy that the business is more efficient, just keep in mind that could mean that going forward the business is lacking areas to invest internally for growth. So if you're looking for high growth, you'll want to see a business's capital employed also increasing. In summary, we're delighted to see that Sin Heng Heavy Machinery has been able to increase efficiencies and earn higher rates of return on the same amount of capital. And a remarkable 272% total return over the last five years tells us that investors are expecting more good things to come in the future. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence. Sin Heng Heavy Machinery does have some risks though, and we've spotted 2 warning signs for Sin Heng Heavy Machinery that you might be interested in. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
