Direct sales model opens opportunities for Chinese brands

(Image credit: BigStock/Rido81) Pre-sales for China’s Nov. 11 Singles Day shopping festival began this morning, marking the kickoff of the country’s biggest e-commerce season. As a dizzying array of activities—including steep sales and weeks-long promotional games—push product, Chinese brands will rack up the year’s biggest sales figures. An increasing number of Chinese brands are finding success in…Continue Reading

‎Direct listing likely to revive Nomu in next 6 months: Analyst

Nomu Parallel Market has recently witnessed a decrease in the number of listed-companies after several companies transitioned to the main market, Abdullah Al-Rebdi, analyst at Riyadh-based Money Experts Institute for Training, told Argaam. Al-Rebdi stressed the importance of boosting the number of firms listed on Nomu in order to increase the market activity. “Nomu Market…Continue Reading