China's ecommerce giants are forcing sellers to go cheap, whether they like it or not
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.
The 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. Read more...
More about China, Alibaba, Taobao, Tmall, and Singles Day
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China's ecommerce giants are forcing sellers to go cheap, whether they like it or not
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Wednesday, June 21, 2017
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