China’s cooling, e-commerce giants reap windfall as a scorched Europe scrambles for relief

South China Morning Post

China’s cooling, e-commerce giants reap windfall as a scorched Europe scrambles for relief

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A heatwave sweeping across Europe has triggered a massive surge in sales for Chinese home appliances, with e-commerce giant Alibaba recording triple-digit growth for air conditioners and fans on its overseas platforms.
On AliExpress, Alibaba’s international retail site, the June debut of air conditioners in Germany saw warehouse inventory for a 2.35-kilowatt Midea model completely wiped out by Thursday, according to data from Alibaba.
The trend was also stark in southern Europe. Fan sales in...

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China’s cooling, e-commerce giants reap windfall as a scorched Europe scrambles for relief

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