Coolpad targets online sales of 20 mln

Friday 4 April 2014 | 00:16 CET | News
Chinese smartphone maker Coolpad Group is targeting online sales of 20 million units this year and aims to overtake Lenovo as the number two seller in China. Total shipments are expected to grow around 50 percent this year to 60 million units, Coolpad's Chief Financial Officer Jiang Chao told Bloomberg. The company, which opened its online shop late last year, sold 50,000 units online last year and is expecting the channel to boost growth further this year. Coolpad also has a distribution agreement with e-commerce website JD.com. The company previously focussed on selling through the mobile

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Categories: Mobile & Wireless
Companies: Coolpad
Countries: China
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