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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 “ha... 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

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 sp... read more

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Online shopping gala sets records

Meng Delong / China Daily China's major e-commerce providers have posted record sales from the Nov 11 "Singles' Day" 24-hour ... that the event will kindle China's spending power. The virtual shopping ... 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 fa... read more

Black Friday, Prime Day, and Singles' Day: When Do People Spend the Most?

It’s no wonder that multinational companies talk so much about a China ... s Singles’ Day still come on top, according to data compiled by Fung Global Retail & Tech. Consider this: Christmas shoppers ... read more

Let’s Make This Year’s Singles’ Day the Last One Ever

The festival is also great for the country’s soft power, showing modern China at its reformist best: wealthy, confident, and united in its intoxicating materialism. But none of this means that Singles ... read more

Alibaba's Singles Day: World's biggest shopping bonanza sets new record

elbowed my way past shoppers for Boxing Day steals in Canada and snuck online at the office to snag Cyber Monday deals in the U.S. But all of that pales in comparison to the online buying festival hos... read more

Record sales on Singles' Day trigger intensive media coverage, hot debates

BEIJING, Nov. 12 (Xinhua) -- Singles' Day, China's annual online shopping ... turned Nov. 11 into "a symbol of the power of the Chinese consumer," The New York Times said in a report. Alibaba's 24-hou... read more

Alibaba sets record US$30.8 billion for Singles’ Day sales, underscoring resilience in consumer spending

Alibaba Group Holding set a record 213.5 billion yuan (US$30.8 billion) in Singles’ Day ... China’s middle-class consumers, who are estimated to double to 600 million in the next 10 to 15 years and wi... read more

Singles’ Day sales hit 35 bln

The most popular items sold on Singles' Day included underwear, diapers, baby milk formula, mobile phones and home appliances. One of the largest single deals was made by a female consumer in East Chi... read more

'Red Friday': America’s Black Friday turns a more auspicious colour for Chinese shoppers

Beijing office worker Yang Qian started chasing Black Friday promotions two weeks ago. READ MORE: Calling all the single ladies: Alibaba’s Singles ... day alone, its customers made at lease two purcha... read more



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