×
The email you entered is not valid.
Business

Medicine and Medical Equipment Sales Rally As China Eases COVID Measures

Source: https://sandalwoodadvisors.com/blog/1602177288744931329

Sandalwood China E-Commerce Data shows COVID-related drug sales on JD reached 96.93 million RMB (around 13.91 million USD) in last week of Nov, representing a 465.02% y/y growth compared to 2021. Sales of cold and cough medicine grew 380.18% y/y and reached 60.17 million RMB (around 8.64 million USD), whereas Antipyretic and Analgesia grew 694.82% y/y and reached 36.77 million RMB (around 5.28 million USD).

COVID-related medical equipment sales grew 97.6% y/y on JD in the same period and reached 72.35 million RMB (10.38 million USD), among which Oxygen Machine/Bags/Bottles grew 88.65% y/y to 67.25 million RMB (around 9.65 million USD) and Oximeter grew 427.62% y/y to 5.1 million RMB (around 731.8k USD).

The above data is published in Sandalwood China Coronavirus Impact Analysis Live Report, which monitors real-time COVID situation impact on key sectors including luxury, housing, hotel, restaurant, automobile, e-commerce etc. in China. Stay tuned!

To learn more about the data behind this article and what Sandalwood has to offer, visit http://www.sandalwoodadvisors.com.

GET WEEKLY ALERTS

Sign up to receive our stories in your inbox.

The email you entered is not valid.

LET US HELP

Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us

GET WEEKLY ALERTS

Sign up to receive our stories in your inbox.

The email you entered is not valid.

LET US HELP

Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us