DHgate Breaks Sales Records With Doubled GMV Over Black Friday
BEIJING, Dec. 22, 2023 /PRNewswire/ -- DHgate, the leading B2B cross-border e-commerce marketplace in China, held a successful Black Friday and Cyber Monday extravaganza — customers flocked to the platform for 5 days of sales to snap up products ahead of the 2023 gifting season.
- Offering some of its best deals of the year, DHgate's transaction growth rate exploded over the sale period — the platform's gross merchandise value (GMV) doubled year-on-year and month-on-month, and its daily sales peak surpassed records.
- Wholesale purchases increased by 120%, while dealings with cross border retailers represented more than US$10 million in sales.
- In response, DHgate is committed to providing genuine discounts, ensuring customers secure the most favorable deals.
- DHgate successfully collaborated with influencers and online celebrities to smash past Black Friday records — core clothing sales doubled month-on-month and increased by more than 50% year-on-year.