Chinese Retailers Offer Steep Discounts on iPhone 15 to Boost Lackluster Sales
-
Chinese e-commerce platforms like JD.com, Pinduoduo, and Taobao offering big discounts on iPhone 15 models. Some as much as 1,501 yuan below retail price.
-
Analysts say iPhone 15 not selling as well in China as iPhone 14. iPhone 15 sales down 4.5% in first 17 days.
-
Apple allows partner vendors to offer discounts in China to spur demand.
-
Chinese platforms battling for "value for money" as consumers tighten belts amid slowdown. Discounting a focus for upcoming Singles Day.
-
JD.com selling 512GB iPhone 15 for 7,498 yuan, 1,501 yuan less than Apple's price. Following discount strategy launched this year.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/WRS2DBMZUZP3PHQWTBYVLUJF3Y.jpg)