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Chinese e-commerce sites offer discounts of up to $351 on Apple's latest iPhones
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Chinese e-commerce sites offer discounts of up to $351 on Apple's latest iPhones
May 26, 2025 7:23 AM

BEIJING, May 14 (Reuters) - Chinese e-commerce platforms

are offering discounts of up to 2,530 yuan ($351) on Apple's ( AAPL )

latest iPhone 16 models, an effort to spur sales as

first-quarter shipments by the U.S. tech giant fell further in

its second-largest market.

The step comes as Chinese online retailers increasingly vie

for cost-conscious consumers in a slowing economy, with price

cuts taking centrestage ahead of the annual "618" shopping

festival on June 18, one of the country's largest.

JD.com ( JD ), is selling the iPhone 16 Pro with storage

of 128GB at 5,469 yuan, down 2,530 yuan from Apple's ( AAPL ) official

price of 7,999 yuan, Reuters checks showed on Wednesday.

The iPhone 16 with 256GB storage is listed at 5,469 yuan, or

a drop of 1,530 yuan from its official price of 6,999 yuan,

including government subsidies.

Alibaba's ( BABA ) Tmall marketplace is offering comparable

discounts, selling the iPhone 16 Pro with 128GB at 5,499 yuan,

or 2,500 yuan off Apple's ( AAPL ) official price, after applying coupons

that include government subsidies.

Reuters was unable to ascertain if the discounts were being

offered by Apple ( AAPL ) itself or the platforms.

Apple ( AAPL ) has previously cut prices on its latest models to

boost sales during the "618" festival, said Will Wong, a senior

smartphone analyst at IDC.

"Apple ( AAPL ) is repeating its sales promotion strategy for the

shopping event last year," Wong added. "It's cutting prices on

iPhone 16 Pro so that it can enjoy China's state subsidies on

digital products."

Selective discounting has featured in the company's China

pricing strategy, whether through its own promotions or

independent cuts by online platforms and authorised resellers.

In January, Apple ( AAPL ) offered rare discounts of up to 500 yuan

on its own website and in past years Chinese e-commerce

platforms have also rolled out similar deals.

Apple ( AAPL ), JD.com ( JD ) and Alibaba ( BABA ) did not immediately respond to a

request for comment.

The U.S. tech giant's smartphone shipments in China dropped

9% in the first quarter, while domestic competitors Xiaomi ( XIACF )

and Huawei Technologies posted gains of 40%

and 10% respectively, market data from IDC shows.

Smartphones are among the key targets of China's broader

consumption stimulus plan, with local governments in major

cities such as Beijing, the capital, offering subsidies of up to

500 yuan for handsets cheaper than 6,000 yuan.

($1=7.2156 Chinese yuan renminbi)

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