Unconditional Love

Compared to 2022, we are ready to see that consumer choice is shifting to cheaper products. The share of merchandise with unit-total prices under RMB2,000 jumped from 18% in 2022 to this year’s 35%, whereas the contribution from dearer ones …

Unconditional Love

Compared to 2022, we are ready to see that consumer choice is shifting to cheaper products. The share of merchandise with unit-total prices under RMB2,000 jumped from 18% in 2022 to this year’s 35%, whereas the contribution from dearer ones …