UPDATE: June 22,Uncategorized Archives 2017, 11:17 a.m. SGT The story has been updated with a statement from LeTV noting that it didn't have a problem with JD.com.
As the Amazons of China try to elbow each other out of the way, a couple of retailers are coming forward to reveal some of the lengths that China's ecommerce players will go to, to get you to add items to your cart.
Liebo, a mid-sized women's apparel brand, accused the country's second-largest online retailer, JD.com, of forcibly slashing Liebo's product prices, reported Sixth Tone.
SEE ALSO: How even rural areas in China are hooked on online shoppingThe seller said it occurred on the eve of 618, a big discount festival that JD.com was holding, similar to Black Friday in the U.S. Liebo found it was locked out of editing its own prices on the platform, and was obligated to sell at the rates listed.
It eventually could not address the glut of orders received, and had to shut down its JD.com store front, Liebo founder, Tang Dafeng, wrote on a statement on Weibo.
"If I don't have the right to price my products online, if I am forced to lower prices below cost price, and if I can't decide whether my brand joins a retail event, do I still own Liebo?" Tang wrote, adding that Liebo's lawyers have sent a letter on behalf for her company to JD.com.
But JD.com denies that.
In a follow-up statement posted on WeChat, the company said many retailers which had signed up for the shopping festival, ended up pulling out at the last minute.
"Under pressure from an outside party, Liebo...reneged on commitments it had voluntarily made to our customers," a company representative told Mashable. "Based on this violation of our policy, we have closed their store."
Liebo also runs stores on other ecommerce platforms, and Mashableunderstands that its first online retail presence was started on Taobao, run by China's biggest ecommerce player, Alibaba.
Far bigger retailers couldn't escape pressure from online store operators for the big 618 shopping holiday.
LeTV, a subsidiary of Chinese conglomerate LeEco, also put out a statement saying that two unnamed ecommerce platforms forced it to offer voucher and cashback discounts.
"Two major e-commerce platforms still forced us to conduct voucher and cashback deals on top of the discounts we already placed on our products," LeTV said. "They've also forced us to pay for the voucher and cashback deals -- this is way beyond what we can pay for."
LeTV noted in a subsequent statement that JD.com wasn't one of the two platforms it had problems with.
The "618" June 18 shopping festival, originally started by JD.com, has seen rival, Alibaba, putting out dramatic discounts to compete.
The sheer volume of sales for June 18 have made the mid-year sales period the second-biggest e-commerce event, after Singles Day, which occurs on Nov. 11.
JD said that 618 saw more than 700 million items sold, adding that its first hour of sales June 18 more than doubled over the same period last year, according to China Daily.
This Tweet is currently unavailable. It might be loading or has been removed.
JD.com's total sales nearly matched Alibaba's sale records on last year's Singles' Day, where the ecommerce company moved over $17.8 billion in sales.
Ecommerce giants have been accused of under-handed tactics in the lead-up to big online shopping events, such as false advertising and forcing retailers to choose one platform over the other, reported Reuters.
Shanghai raises free license plate threshold for new energy vehicles · TechNodeHonda to complete construction of first battery EV plant with partner Dongfeng · TechNodeHuawei sets up smart car subsidiary, selling shares to Changan and more · TechNodeJD says nearly 100 couriers have earned more than one million yuan in three years · TechNodeHuawei releases smart driving app HIMA · TechNodeAlibaba CEO to take direct control of Taobao and Tmall · TechNodeTesla exports materials from China for 4680 battery production in Texas: report · TechNodeAlibaba CEO to take direct control of Taobao and Tmall · TechNodeKuaishou to increase focus on property business in recent overhaul: report · TechNodeNIO vehicle margin rebounds in Q3 as CEO keeps pricing stable · TechNodeTSMC chairman Mark Liu to retire in June 2024 · TechNodeHuawei sets up smart car subsidiary, selling shares to Changan and more · TechNodeBeijing unveils blueprint to boost energy load shifting from EV charging · TechNodeUS chipmaker Qorvo sells assembly and test facilities in China to Luxshare · TechNodeChina’s Dongfeng starts preGeely’s Zeekr to unveil custom EV batteries on Dec. 14 · TechNodeXiaomi Band 8 Pro Genshin Impact special edition launches in China · TechNodeChina’s selfAnt Group plans acquisition of Dutch payments firm MultiSafepay · TechNodeTesla exports materials from China for 4680 battery production in Texas: report · TechNode #ReadEverywhere: The Cats Edition The Winners of Our 2015 #ReadEverywhere Competition Staff Picks: Nicholson Baker, Alex Prager, Gary Panter Staff Picks: Samuel Beckett, Michael Chabon, Brian Eno Flying Saucers Over the Art Dept.! How Book Designers Took on UFOs Ann Beattie: “Upon Knowing I Must Soon Depart” Congrats to Our Booker Prize & National Book Award Nominees Thomas Mann’s Los Angeles Home Is in Jeopardy Truly Trending: An Interview about Intensifiers What’s the Takeaway?: The Answers What Our Contributors Are Reading This Fall The Critics Hate Art So That It May Thrive Banned Books Week: Snorri the Seal Imagining a Mystery Novel as a Building Father Daniel Berrigan: Poet, Priest, Prophet Picturing Our National Parks Stairs to Nowhere: Thomas Heatherwick’s “Vessel” It’s Time for Another Really Difficult Puzzle Women at Work: Irina Reyn and Emily Barton in Conversation An Abridged History of London’s Tower Menagerie
2.7875s , 10133.3125 kb
Copyright © 2025 Powered by 【Uncategorized Archives】,Exquisite Information Network