A Positive Start To A Big Week For US-China Relations
Singles Day, the Super Bowl of Shopping, occurred on Saturday.
Source: forbes.com
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Singles' Day: China's Alibaba, JD.Com boost singles' day sales with discounts
International Business News: China's Alibaba Group Holding and JD.com saw sales increases for Singles' Day, with both companies reporting higher gross merchandise value and order
Source: indiatimes.com
A dyeing art, buy vs. lease
Plus: The understandable curiosity about the family Bankman-Fried
Source: qz.com
Singles' Day: China's Alibaba, JD.Com boost singles' day sales with discounts, ET Retail
China's Alibaba Group Holding and JD.com saw sales increases for Singles' Day, with both companies reporting higher gross merchandise value and order amounts compared to the previous year. The annual shopping event, which serves as a barometer for Chinese consumption sentiment, focused on a low-price strategy this year. China's postal delivery companies also experienced a significant increase in packages handled during this period. The earnings reports from Alibaba, JD.com, and Tencent next week will provide insights into the recovery of domestic consumption.
Source: indiatimes.com
EXPLAINER | What is China's Singles Day, and how is it celebrated?
Black Friday? No. Cyber Monday? Nope. Prime Day? Absolutely not. The world's biggest shopping event happens in China each year - and it's called Singles Day.
Source: timeslive.co.za