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Has China’s anti-consumerism movement hurt this year’s Singles Day sales?
State media outlets, including Renmin Daily and Xinhua News Agency, have backed an anti-consumerism sentiment that has been growing in China.
100 brands sell RMB 100 million in first 111 minutes of Singles Day sales: Alibaba
Cartier's first-ever livestream attracts 770,000 viewers, and imported products including coffee beans and camel milk see high demand as the festival officially kicks off.
Average spend by Singles Day shoppers could slow: Bain
Even as shoppers in China's lower-tier cities increase their spending, brands face the prospect of slimmer average billing from consumers there, compared to their metro counterparts.
Alibaba posts slowest revenue growth in four years
Revenues up 38%, profits 50% in Q3, but first quarterly topline decline on record looms as festering Covid-19 hits business hard
This Singles Day, two was better than one
Despite its origins celebrating 'being alone', this year 11.11 said far more about partnerships and collaborations than staying single.
By the numbers: A surplus of Singles' Day stats
500 million. 37 billion. 760 million. Alibaba's Singles' Day sure generates a lot of numbers. We've sorted through the deluge to curate this list of the most interesting double-11 stats. If you want to sound smart come Monday, start here.
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