Great Online Shopping Festival

Onion Global Surpasses RMB14.8 million in GMV for the first three days during the 2022 Luca Brand Shopping Festival

Retrieved on:

Friday, July 1, 2022

The twelve-day Shopping Festival started on June 17, 2022 and continued until June 29, 2022.

Key Points:

The twelve-day Shopping Festival started on June 17, 2022 and continued until June 29, 2022.
Against this backdrop, Onion Global helps brands adjust their marketing strategies to keep up with the consumption concepts of the new generation.
The Company's platform offers an integrated solution to develop, market, and distribute new and inspiring branded products, thereby reshaping the lifestyle shopping and consumer culture inChina.
Onion Global Limited has been listed on New York Stock Exchange sinceMay 2021.

China Prestige Beauty E-commerce Sales Increased 11% in the First Quarter of 2022, Reports The NPD Group

Retrieved on:

Wednesday, May 18, 2022

PORT WAHSINGTON, N.Y., May 18, 2022 /PRNewswire-PRWeb/ -- Propelled by strong Chinese New Year sales in January and February, prestige beauty e-commerce sales revenue in China increased by 11% in the first quarter of 2022 (Q1), versus last year, according to The NPD Group. However, the COVID-19 outbreak during the second half of March, which led to regional lockdowns and an increase in mask use, caused sales to decline 1% for the month.

Key Points:

PORT WAHSINGTON, N.Y., May 18, 2022 /PRNewswire-PRWeb/ -- Propelled by strong Chinese New Year sales in January and February, prestige beauty e-commerce sales revenue in China increased by 11% in the first quarter of 2022 (Q1), versus last year, according to The NPD Group.
Q1 sales for the hair, fragrance, makeup, and skincare categories increased by 43%, 18%, 11%, and 9%, respectively.
Data is representative of retailers that participate in The NPD Group's Prestige Beauty E-commerce Tracking Service.
NPD's current estimate is that the Prestige Beauty E-commerce Tracking Service represents approximately 80 percent of the online retail market for prestige beauty in China.

Dada Group Announces "No Close" During 2022 Chinese New Year

Retrieved on:

Thursday, January 6, 2022

SHANGHAI, Jan. 6, 2022 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand delivery and retail platform,today announced its Dada Now and JDDJ platforms, would stay open and continue to offer one-hour on-demand shopping service to consumers across the country during 2022 Chinese New Year.

Key Points:

SHANGHAI, Jan. 6, 2022 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand delivery and retail platform,today announced its Dada Now and JDDJ platforms, would stay open and continue to offer one-hour on-demand shopping service to consumers across the country during 2022 Chinese New Year.
Meanwhile, Dada Now announces its upgraded on-demand warehousing, picking and delivery services would also be not shutdown in Festival.
Dada Group is a leading platform of local on-demand retail and delivery in China.
In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol "DADA."

Over 4000 Brands Participated in Onion Global's 2021 Double 11 Shopping Festival "Imagination Season"

Retrieved on:

Friday, November 26, 2021

CEO, Great Online Shopping Festival, Industry, OG, Private Securities Litigation Reform Act, Forward-looking statement, Company, NYSE, SEC, 3F, Terminology, New York Stock Exchange, GMV, Growth, Retail

GUANGZHOU, China, Nov. 17, 2021 /PRNewswire/ -- Onion Global Limited ("Onion Global", the "Group" or the "Company") (NYSE: OG), a next-generation lifestyle brand platform that incubates, markets and distributes the world's fresh, fashionable and future brands to young people in China and across Asia, today announced that its 2021 Double 11 Shopping Festival "Imagination Season" ("Shopping Festival") concluded flawlessly with over 4,000 brands participated in the campaign.

Key Points:

GUANGZHOU, China, Nov. 17, 2021 /PRNewswire/ -- Onion Global Limited ("Onion Global", the "Group" or the "Company") (NYSE: OG), a next-generation lifestyle brand platform that incubates, markets and distributes the world's fresh, fashionable and future brands to young people in China and across Asia, today announced that its 2021 Double 11 Shopping Festival "Imagination Season" ("Shopping Festival") concluded flawlessly with over 4,000 brands participated in the campaign.
The Shopping Festival started on November 8, 2021 and ended on November 16, 2021.
4,342 brands participated in the Shopping Festival this year, of which 29 were private label brands.
Mr. Cong (Kenny) Li, Founder and CEO of Onion Global, commented, "The Shopping Festival is one of our top three S-level shopping campaigns during the year.

A New Paradigm in Digital Commerce, 10.10 Shopping Festival® Demonstrates That Livestream Could Go Mainstream

Retrieved on:

Wednesday, October 27, 2021

The success of the 10.10 Shopping Festival portends the future of shoppable video in the United States.

Key Points:

The success of the 10.10 Shopping Festival portends the future of shoppable video in the United States.
Already wildly popular in Asian markets, livestream ecommerce is expected to grow to a $300 billion market in China next year.
In fact, recent research predicts that livestream sales revenue will double this year and Coresight Research expects livestream sales to more than triple by 2023 .
"The success of this year's 10.10 Shopping Festival clearly demonstrates the promise of livestream ecommerce.