Apple is discounting iPhones in China to compete with local businesses like Huawei during the 618 shopping holiday.
Since the 618 holiday began on Monday, Chinese e-commerce platforms JD.com and Alibaba’s Tmall have been selling various iPhone models at up to 20% off.
Apple is providing steep discounts on iPhones in China in an effort to boost sales amid fierce competition from local companies such as Huawei, as campaigns for the country’s 618 shopping holiday begin.
Since the 618 holiday began on Monday, Chinese e-commerce platforms JD.com and Alibaba’s Tmall have been selling various iPhone models at up to 20% off.
Source (CNBC)