Beijing — China’s booming e-retail sector has slowed significantly in recent years.
China’s National Bureau of Statistics released its first data point on the sector’s sales growth last week.
In May, China’s total retail sales rose 3.4 percent.
But in April, that number fell to 2.7 percent, a sharp decline from April’s 2.9 percent.
The government attributed that decline to a surge in the number of new business launches, a rise in consumer spending, and “increased awareness among consumers regarding the risks of the market.”
Beijing-based e-trade consultancy Gartner expects China’s retail sales to drop to just over 3.6 trillion yuan ($47.6 billion) this year, down from 4.5 trillion yuan in the first half of 2018.
That’s a drop of more than 10 percent.
China has been growing its e-tailers, though it’s been slow to catch up to rivals such as the U.S. and the European Union.
e-trader ecommerce,britain ecommerce ecommerce ivaSource The Next Google article Google’s search engine has been slowing down, but the search giant isn’t alone.
Other Google-owned companies like Pinterest and Airbnb have seen growth.
It’s a trend that Google is betting on, which could make its competitors look even more attractive.
The company is investing heavily in its search and advertising efforts.
It has also hired an executive to help it plan future investments.
Google declined to comment on the slowdown.
In June, the company added search advertising to its ad network, and Google CEO Sundar Pichai has called on his team to “create an ecosystem of search that brings consumers closer to their searches.”
That may be the strategy the company is taking to boost its search results.
For example, it has a new service called “Pichai Panda,” which is aimed at bringing search results from other Google-branded search products to the homepage.
Pichaui Panda is the name of Google’s latest version of its search algorithm.
It looks at hundreds of thousands of searches a day and chooses the most relevant results.
In April, it used a different algorithm to determine which search results it was displaying to its users.
That algorithm now includes results from Google-powered sites, as well as from its own websites.
But Pichao said that search ads won’t be the only way the company will reach consumers in the coming years.
“Our search business has always been driven by our search ads.
And we believe that search will continue to be our largest revenue source for the foreseeable future,” he said in an interview with The Wall Street Journal last month.
Puchai added that Google will be expanding its search advertising operations.
In March, Google announced a new partnership with Yahoo, which will bring Yahoo’s own search ads to the Google search service.
Puhan Zhao, a Google search executive, said that Yahoo and Google will share more data on how search results appear on the Yahoo homepage.
“We are going to use Yahoo data to help us improve the search experience on Yahoo,” Zhao said.