Taobao, jd.com, and pdd holdings are rushing into the Hong Kong market, with free shipping services as a breakthrough point.|Going Global Insights
①Some analysts pointed out that the penetration rate of e-commerce in the Hong Kong and Macao region is lower than that in the mainland, so there is still incremental space. ②The logistics implementation issues in the Hong Kong and Macao market mainly involve multiple aspects such as goods transit, local logistics distribution labor costs, and network layout costs.
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Li Auto Leads The Pack, XPeng, Nio Clock Growth: Here's How October Deliveries Of Chinese EV Startups Stack Up
Tram report card for October: Xiaopeng, Lixiang set a new record for monthly deliveries, Xiaomi exceeds 20,000 monthly deliveries for the first time.
Xpeng's October delivery volume reached a record high, Nio's delivery volume has exceeded 0.02 million units for 6 consecutive months, and Xiaomi's monthly delivery volume exceeded 0.02 million units for the first time, expected to achieve the annual delivery target of 0.1 million units ahead of schedule this month. Wey M9 has maintained the first place in sales of luxury cars above 0.5 million yuan for 6 consecutive months, continuously setting new records for China's new energy vehicle brands.
Li Auto Crosses Over One Million Cumulative Deliveries; October Shipments up 27.3% Y/Y