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 Alipay+ payment platform compared to the same period last year. Get the Full Story Complete the form to unlock this...
China’s Singles Day — a weeks-long shopping event that has become a key measure of consumer demand in the country — has reportedly seen a lackluster response this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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 Day phenom has since grown into the world’s biggest sales event, generating an estimated $139 billion in just 24 hours...
What started in the 1990s in China as an anti-Valentine’s Day remains the world’s largest shopping day of the year — and though regulatory scrutiny muted some of the Singles’ Day celebration, consumers still came out in droves to buy from eCommerce merchants. Get the...
November 11, 2022
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 Day phenom has since grown into the world’s biggest sales event, generating an estimated $139 billion in just 24 hours last year. Get the Full Story Complete the form to […]
December 18, 2019
Singles Day started quite humbly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
November 10, 2018
When Singles Day launched nearly a decade ago, the then-fledgling eCommerce brand Alibaba didn’t really think they were changing the face of commerce in its nation. Get the Full Story...
November 11, 2024
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’ promotions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily […]
November 11, 2022
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 Alipay+ payment platform compared to...
November 11, 2022
China’s Singles Day — a weeks-long shopping event that has become a key measure of consumer demand in the country — has reportedly seen a lackluster response this year. Get...
November 03, 2021
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 former vice president of Alibaba....