Alibaba Group's shopping website "Tmall" has announced the latest new store data, indicating that the number of new brands entering in the third quarter of this year has increased by 70% on a quarterly basis. Among them, the number of new brands entering in September this year is the highest, increasing by 239% per month.
In addition, overseas brands continue to invest in the China market, with more than 1,700 overseas merchants opening their first stores in China on Tmall International in the first three quarters of this year.
~