Page 17 - அலிபாபா குழு ஹோல்டிங்ஸ் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
A Peek Into The Markets: US Stock Futures Gain As Trump Signs $900B Covid-19 Relief Bill
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
China targets Alibaba with anti-monopoly investigation
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
If you worry about all the waste generated by the annual rush of holiday shopping and gift giving, it’s nothing compared to the mountains of discarded packaging that comes from a single event in China. On Nov. 11 each year, the world’s biggest consumer market goes into overdrive as e-commerce giants like Alibaba Group Holdings Ltd. and JD.com Inc. lure shoppers with huge bargains during the Singles’ Day bonanza. Alibaba reported almost 500 billion yuan ($76 billion) of sales this year, nearly four times U.S. Black Friday and Cyber Monday spending combined. On its Tmall platform, transactions reached a peak when 583,000 orders were made in a single second.
If you worry about all the waste generated by the annual rush of holiday shopping and gift giving, it’s nothing compared to the mountains of discarded packaging that comes from a single event in China.
On Nov. 11 each year, the world’s biggest consumer market goes into overdrive as e-commerce giants like Alibaba Group Holdings Ltd. and JD.com Inc. lure shoppers with huge bargains during the Singles’ Day bonanza. Alibaba reported almost 500 billion yuan ($76 billion) of sales this year, nearly four times U.S. Black Friday and Cyber Monday spending combined. On its Tmall platform, transactions reached a peak when 583,000 orders were made in a single second.
China’s online shopping addiction is killing its green packaging drive
Online shopping in China generated 9.4 million tons of packaging in 2018, according to Greenpeace, which projects that the amount could rise to 41 million tons by 2025, about the same as all the waste produced by Japan in a year. December 21, 2020 10:47:18 am
Employees pack orders at Alibaba’s logistics arm Cainiao in Wuxi ahead of the Singles Day shopping extravaganza this year.
If you worry about all the waste generated by the annual rush of holiday shopping and gift giving, it’s nothing compared to the mountains of discarded packaging that comes from a single event in China.
vimarsana © 2020. All Rights Reserved.