annual online shopping fiesta

Singles’ Day Sales Break Records, Again

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Jack Ma, president of the nation’s e-commerce giant Alibaba speaks in front of a giant screen displaying total gross merchandise volume (GMV) of Alibaba’s online marketplace Tmall for Singles’ Day shopping spree in Shenzhen, south China’s Guangdong Province, Nov. 11, 2016. By 0 o’clock on Saturday, the total GMV of Tmall during Singles’ Day has … Read more

Singles’ Day Sales Shopping Festival Hits 10 Billion Yuan

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An electronic screen shows sales on Alibaba’s retail platforms hit 10 billion yuan (US$1.5 billion) at a gala staged by Alibaba for the Singles’ Day shopping festival in Shenzhen. [Shanghai Daily] Within minutes of it kicking off at midnight, Singles’ Day, China’s annual online shopping fiesta, had smashed sales records across multiple online marketplaces. Sales … Read more