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Swiss Black Friday sales disappoint despite strong pre-event spending surge

Black Friday in Switzerland saw a 5% decline in credit card and mobile payment transactions compared to 2023, despite a successful promotional week leading up to the event, which boosted revenues by 10%. While consumer electronics performed well, fashion and home furnishings sales disappointed, reflecting a 20% gap between purchasing intentions and actual spending. E-commerce growth appears to be plateauing, with stationary commerce benefiting more this year, likely due to the upcoming festive season.

huawei launches mate 70 series with new harmonyos next operating system

Huawei launched the Mate 70 series on November 26, 2024, featuring its new operating system, HarmonyOS NEXT, marking a significant step towards technological independence amid U.S. sanctions. The series includes the Mate 70, Mate 70 Pro, and Mate 70 Pro+, with prices starting at 5,499 yuan. The company aims to position HarmonyOS NEXT as a viable alternative to Android and iOS in China, leveraging its brand and developer ecosystem to attract users.

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