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.

The Final Tally Of Alibaba’s Singles’ Day

China’s Singles Are Big Spenders
China’s Singles Are Big Spenders
November 05, 2015  |  Cross-border Payments

The U.S. has holidays like Valentine’s Day and Christmas when couples are expected to exchange gifts, but China’s Singles’ Day proves even lonely hearts can...

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Alibaba/JD.com Clash On Antitrust Accusations
Alibaba/JD.com Clash On Antitrust Accusations
November 04, 2015  |  News

China’s second largest eCommerce company, JD.com, is locking horns with its rival competitor, Alibaba, over antitrust issues just a week before Single’s Day, which marks the world’s...

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Alibaba Spent $160M Fighting Fakes Since 2013
Alibaba Spent $160M Fighting Fakes Since 2013
December 24, 2014  |  Cross-border Payments

Alibaba has spent more than $160 million (1 billion yuan) combating counterfeit goods and improving customer protection since the start of 2013, the company said...

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