AI reshapes China's Singles Day: chatbots drive sales but growth slows
Published 7 h ago2 sourcesEvidence: Reported
Major online retailers are increasingly charging for product returns and shortening refund windows, a shift from previously free-return policies. A study shows 5% of online shoppers return over 80% of purchases, driving cost pressures. This reflects a broader industry adjustment to e-commerce profitability challenges, potentially affecting consumer behavior and retail margins.
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Published 7 h ago2 sourcesEvidence: Reported
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