China Market Update: Strong Start For Alibaba’s Singles Day As GIC Noids Nio

Singles Day: China's biggest shopping event starts five weeks early to revive spending

Typically a shopping event that begins on 11 November - Singles Day has kicked off earlier this year.

China Market Update: Strong Start For Alibaba’s Singles Day As GIC Noids Nio

Asian equities had a strong day before TSMC’s post-close financial results, as US-China tensions eased on Treasury Secretary Bessent’s truce comments, and the US dollar resumed its decline. Having pulled off the Israel-Gaza peace agreement, I suspect the US’s increased pressure on China is to help President Trump resolve the Ukraine war. Makes sense, right?

Alibaba banks on AI to boost Singles’ Day sales on Taobao, Tmall

First large-scale use of AI in search and recommendation engines is part of aim to deliver ‘comprehensive consumption platform’.

China’s biggest shopping event starts five weeks early, as experts warn UK holiday sales likely to remain sluggish - InternetRetailing

China’s biggest online shopping event, Singles’ Day, has kicked off a record five weeks early this year, as retailers scramble to revive consumer spending in a slowing economy. Originally invented as a one-day shopping festival by Chinese retail giant Alibaba, similar to Amazon Prime Day or Black Friday but held on 11 November, the event now spans from early October through mid-November, with platforms like Alibaba, JD.com, and Douyin launching …

China retailers extend Singles’ Day to five weeks

Chinese retailers are stretching their annual “Singles’ Day” sales bonanza to as long as five weeks this year, as the likes of Alibaba and JD.com try to drum up interest from shoppers in a struggling economy, reports Reuters. Weak consumption has dogged the world’s second-largest economy this year as policymakers grapple with US President Donald […]

China’s Singles’ Day Sales Festival Expands to 5 Weeks

China’s Singles’ Day sales festival has been stretched to as long as five weeks by retailers like JD.com, Douyin and Alibaba.