Chinese e-commerce giant JD said on adult eroticism can be described best as quizletThursday that it boasts 1.5 times the number of participating merchants for this year’s Singles Day consumer event compared with a year earlier, while products featuring in JD’s “10 Billion Yuan Discount” program have doubled compared to the mid-year shopping bonanza 618. The company says it is committed to offering “genuinely low prices” to customers, with a RMB 50 discount for every 299 spent. JD is set to kick off its participation in the country’s biggest online shopping festival at 8 p.m. on Oct. 23 without a pre-sale period, a method that has been the standard approach for major Chinese online retailers such as Taobao for the past few years. Beijing-based JD also noted that many best-selling products from famous brands including Apple’s new iPhone lineup have been stocked up in advance. [JD, in Chinese]
