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Singles Day Promotions Kindle Chinas Spending Power - Latest News

Why Singles' Day in China Is Bigger Than Cyber Monday

Offline brands involved in Singles' Day promotions ... power to the event, with a guest list that includes U.S. singer Adam Lambert and Chinese film director Feng Xiaogang, known for his top-grossing ... read more

Alibaba Singles Day aims to go global

Encouragingly, over 40% of consumers bought from international brands with 237 brands topped RMB100 million in GMV, including leading international brands Apple, Dyson, Kindle ... t enough consumer ... read more

China's Alibaba breaks Singles Day record as sales surge

It is common for people to wait to spend on Singles Day to save money. New data supports nagging concerns about the economy. Inflation is down: non-food prices dropped 0.3% in October, indicating that ... read more

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Singles’ Day: China’s $25 billion shopping festival explained

November 11 wasn’t always synonymous with buying discounted products online. The date first came to prominence in China during ... inaugural Singles’ Day. Speaking to CNBC this week, Zhang said he ... read more

How Alibaba Group helped transform International Women's Day in China

This gap in perception created opportunities for brands, especially during a time when China's so-called "She Economy"--an economic phenomenon focused on female spending--is booming. Meanwhile ... read more

China consumers prepare for record Singles Day

China's economic rebalancing towards ... e-commerce event for a powerful reminder of consumer buying power. Created by a group of young Chinese in the 1990s, the holiday known as Singles Day was ... read more

Singles Day 2018: China’s Record Sales May Mask Economic Vulnerability

Singles Day 2018 showed that middle class Chinese are not yet abstaining from spending money, especially for discounted ... and Pinduoduo also held promotions to exploit the consumer frenzy. Meanwhile ... read more

Ten years of Singles’ Day, China’s ridiculously huge shopping festival

is also the story of the extraordinary growth of the e-commerce giant co-founded by Jack Ma in 1999—and a symbol of China’s rising consuming power. Here’s a look back at how Ma and Alibaba turned ... read more

One big Singles Day purchase: a $2.6 million yacht

SHANGHAI -- To see China's consumer clout in action, look no further than Alibaba Group Holding Ltd.'s Singles' Day ... up late to snag deals as soon as the sales began in the wee hours of Saturday ... read more

Singles’ Day heads to Bangkok as JD joins Southeast Asia shopping spree

(Image credit: JD) This Singles’ Day, China’s JD is hoping to make its mark in The Land ... a kingdom where economic and political power is concentrated among a small elite, often connected through ... read more

Alibaba’s Singles’ Day shopping total was bigger than Facebook’s revenue last year

China ... buying power, and its online growth, could drastically impact supplies of consumer goods around the world in the very near future. It already is in Australia, as some angry parents ... read more

Alibaba and Battle to Capture Rural China's Spending Power

The new target consumer for China’s e-commerce ... “I have some friends who spend over 2,000 yuan each month buying clothes on Taobao,” Gao said. With the approach of Singles’ Day on Nov. 11, the ... read more

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