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Singles Day promotions kindle China's spending power

Singles' Day is expected to create the biggest shopping spree of the year in China. [Photo/dific.cn] The online shopping ... Chinese customers have no lack of spending power, but just need an ignitor, ... read more

Singles Day shows China's global retail power

Retailers around the world are seeking to take advantage of this growing Chinese economic power, offering their own Singles Day deals and ... bookstores, buying Whole Foods, and partnering with Kohl’s ... read more

Alibaba's Singles' Day Hits Another Record: 3 Takeaways Beyond The Big Number

The day has surfaced as a barometer of Chinese consumers’ spending ... in selling to China, in terms of GMV. Many brands are not blind to the importance of other platforms, either. Nike, for instance, ... read more

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

This Sunday is November 11, an auspicious date within the Chinese tech community because it marks Singles’ Day ... buying discounted products online. The date first came to prominence in China ... 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

The top countries selling to China were Japan ... Certainly there isn’t enough consumer spending power for a Singles Day and a Black Friday sale in the same month. read more

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

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

Singles’ Day online sales hit nearly $31 billion as Chinese go on buying frenzy

China’s retail power ... Singles’ Day sales on Tmall hit 10 billion yuan or $1.44 billion in just two minutes and five seconds after midnight on Sunday, the official news agency, Xinhua reported. “Ali... read more

Can this year's Singles' Day keep it up?

As China's e-commerce firms scramble to prepare for the biggest online shopping bonanza in the world - the Singles' Day shopping festival on November ... some "anxiety" among consumers, domestic spend... read more

Singles Day promotions kindle China's spending power

Chinese customers have no lack of spending power ... a month ahead of Singles Day this year, an advertising campaign started among the e-commerce giants like Tmall, Jingdong and Suning. RELEASING SPEN... read more

What it’s like to be at Alibaba’s Singles’ Day 24-hour shopping extravaganza

which owns the South China Morning Post, kicked off its 10th year of Singles’ Day festivities in Shanghai. Twenty-four hours later, Alibaba reported that customers had spent US$30.8 billion, or almost ... read more

Singles Day promotions kindle China's spending power

Singles' Day is expected to create the biggest shopping spree of the year in China. [Photo/dific.cn] The online shopping ... Chinese customers have no lack of spending power, but just need an ignitor, ... read more



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