Chinese e-commerce firms report growth in sales, shoppers for Singles …
2 days ago · HONG KONG (AP) — China’s e-commerce firms reported an increase in the number of shoppers and a growth in sales for this year’s Singles’ Day shopping festival, although final figures were not publicly revealed.. Alibaba, which operates the Taobao and Tmall e-commerce platforms, said 45 brands – including Apple, Nike, and Chinese appliance brands Haier and Midea – surpassed 1 billion ...
What is China’s Singles Day and how is it celebrated?
3 days ago · The world's biggest shopping event happens in China each year - and it's called Singles Day. Originally a holiday to celebrate being single, as a counter to Valentine's Day, the event has grown ...
Singles' Day shopping festival loses its shine under China's …
3 days ago · HONG KONG (AP) — Businesses and consumers in China found the annual Singles’ Day shopping festival less attractive this year amid a sluggish economy, forcing e-commerce firms to look abroad for growth. Online service provider and e-commerce platform Alibaba started the now-famous event on Nov. 11, 2009, offering attractive discounts to ...
Singles' Day shopping festival loses its shine under China's …
2 days ago · Nov. 12, 2024, 10:19 AM UTC / Source: The Associated Press. By The Associated Press. HONG KONG — Businesses and consumers in China found the annual Singles’ Day shopping festival less ...
Alibaba, JD Tout Singles’ Day Highs While China Economy Sags
2 days ago · Alibaba said the number of paid 88VIP members who placed orders grew by 50%. Smaller rival JD reported customers increased by more than 20%. And Xiaomi co-founder Lei Jun said sales over the four ...
Alibaba Shoots Down Ralph Lauren Singles' Day Skyhigh Returns …
1 day ago · Based on third-party data from Syntun, taking into consideration the additional ten days of the promotional period, total Singles’ Day sales across major e-commerce platforms, including Taobao ...
China's Singles' Day shopping festival loses its shine as China …
3 days ago · HONG KONG (AP) — Merchants and consumers alike found the Singles' Day shopping festival on Monday less shiny than in years past as e-commerce firms look abroad for growth. The annual event...
Singles Day: China’s e-commerce giants try to lure reluctant …
Nov 9, 2023 · The Singles Day festival, also known as “Double 11,” was created by Alibaba in 2009 and has turned into a weeks-long shopping bonanza in China. It regularly racks up more sales than Black...
When is Singles' Day, what is the shopping event all about and …
Nov 10, 2021 · What can you buy on Singles' Day? While the main event is the 24-hour shopping window on November 11, in recent years Singles' Day pre-sales have kicked off as early as October 1, coinciding with China's National Day and the Golden Week holiday period.
Alibaba posts record sales for Singles Day, but growth is slowing - CNN
Nov 10, 2021 · Alibaba reported another year of record sales figures for Singles Day, the world’s largest annual shopping event. But its momentum is seriously slowing down as China’s economy weakens and as ...