Chinese e-commerce platforms are slashing prices on iPhone 16 models by up to 2,530 yuan ($351) to boost sales after Apple saw further declines in first-quarter shipments in its second-largest market. The move reflects intensifying competition among Chinese online retailers targeting budget-conscious shoppers in a sluggish economy, with steep discounts leading up to the major “618” shopping festival on June 18th. :
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Wednesday, May 14, 2025
Chinese e-commerce sites offer up to $351 off Apple’s latest iPhones
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