{"id":120425,"date":"2021-04-08T16:56:53","date_gmt":"2021-04-08T16:56:53","guid":{"rendered":"https:\/\/precoinnews.com\/?p=120425"},"modified":"2021-04-08T16:56:53","modified_gmt":"2021-04-08T16:56:53","slug":"stock-alert-dogness-jumps-10-on-chinese-e-commerce-sale-surge","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/stock-alert-dogness-jumps-10-on-chinese-e-commerce-sale-surge\/","title":{"rendered":"Stock Alert: Dogness Jumps 10 On Chinese E-commerce Sale Surge"},"content":{"rendered":"
Shares of Dogness (International) Corp. (DOGZ) are trading up nearly 10% after it reported a surge in China e-commerce sales driven by expanded smart pet product line.<\/p>\n
DOGZ is currently trading at $2.03, up $0.16 or 8.5561%, on the Nasdaq.<\/p>\n
Dogness reported that its e-commerce sales in China increased 24 times for calendar year 2020, as compared to calendar year 2019, led by the company’s expanded smart pet product line.<\/p>\n
“We are far outpacing the overall market, with our online sales in China in calendar year 2020 increasing approximately 2,400 percent, compared to approximately 2 percent overall growth for China’s urban pet market (dog and cat),” said CEO Silong Chen. <\/p>\n