Singles Day

Singles day or Guanggun Jie is a shopping holiday popular among young Chinese people that celebrate their pride in being single. The date, November 11, was chosen because the number "1" resembles an individual who is alone.

Singles’ Day Sales Growth Slows Amid China’s Economic Challenges

Singles’ Day Sales Growth Slows Amid China’s Economic Challenges
Singles’ Day Sales Growth Slows Amid China’s Economic Challenges
November 11, 2024  |  Retail

Retail sales made during China’s annual Singles’ Day shopping event reportedly slowed again this year amid the country’s economic challenges and consumer skepticism about retailers’...

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AliPay+ Transactions up 40% During Singles Day Shopping Event
AliPay+ Transactions up 40% During Singles Day Shopping Event
November 11, 2022  |  Digital Payments

During the 10 days leading up to China’s Singles Day shopping event, there was a 40% increase in the number of online transactions via the...

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If ‘Single’s Day’ Is Prime Day on Steroids, Retailers Can’t Blow the Payments Part
If ‘Single’s Day’ Is Prime Day on Steroids, Retailers Can’t Blow the Payments Part
November 11, 2022  |  Retail

Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s...

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Alibaba Debuts NFT Art Metaverse for China’s Singles Day
Alibaba Debuts NFT Art Metaverse for China’s Singles Day
November 03, 2021  |  Social Commerce

Alibaba has rolled out what it’s calling a “metaverse” ahead of China’s Singles Day, according to RADII, a China youth culture publication founded by a...

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Alibaba Single’s Day 2020: $74.1 Billion New Record Setting Performance
Alibaba Single’s Day 2020: $74.1 Billion New Record Setting Performance
November 11, 2020  |  Retail

Alibaba’s Singles Day performance on Wednesday (Nov. 11) shows that the Chinese consumer is back — big time.  Singles Day — Alibaba’s popular shopping holiday...

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Today In Payments: China’s Singles’ Day Sales Hit $56B; Lyft Considers Moving Into Delivery Sector
Today In Payments: China’s Singles’ Day Sales Hit $56B; Lyft Considers Moving Into Delivery Sector
November 11, 2020  |  News

In today’s top news, Alibaba’s Singles’ Day in China has brought in $56 billion thus far, and Lyft is launching a delivery service. Plus, the...

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