Your email has been successfully added to our mailing list.

×
0 0.000173380338669601 0.000751314800901551 0.000115586892446456 0.0224816505808242 0.000693521354678406 0.00057793446223195 0.000346760677339203
Stock impact report

Chinese shopping app Taobao joins DHgate in Top 5 on US App Store [Yahoo! Finance]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Another Chinese shopping app, Taobao , has now also entered the Top 5 as of Thursday. U.S. consumers began flocking to these apps over the past several days in the wake of numerous TikTok videos from Chinese manufacturers explaining how much of the luxury goods market operates out of China. The videos claim that many products from top luxury brands -- like clothing, handbags, shoes, and accessories -- are actually originally made in China. The items are then shipped over to the brand's home country, like Italy or France, where they're repackaged after the brand's label is applied, according to these videos. Other U.S. and Chinese TikTok creators then pointed to e-commerce apps like DHGate and Taobao as a way to buy directly from the Chinese manufacturers, forgoing the huge markup the luxury brands charge. Already wary of the increasing prices on popular apps like Shein and Temu, U.S. consumers quickly began downloading these alternatives. In April, Taobao's estimated downloads Show less Read more
Impact Snapshot
Event Time:
AMZN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for AMZN alerts
Opt-in for
AMZN alerts

from News Quantified
Opt-in for
AMZN alerts

from News Quantified