China gears up for world’s largest online shopping festival
4 years, 1 month ago

China gears up for world’s largest online shopping festival

Hindustan Times  

Chinese consumers are expected to spend tens of billions on everything from fresh food to luxury goods during this year’s Singles’ Day online shopping festival, as the country recovers from the pandemic. The shopping festival, which is the world’s largest and falls on November 11 every year, is an annual extravaganza where China’s e-commerce companies, including Alibaba, JD.com and Pinduoduo, offer generous discounts on their platforms. A survey by consulting firm Oliver Wyman found that 86% of Chinese consumers are willing to spend the same as or more than during last year’s Singles’ Day festival. “Now, I still ask my friends to help me buy things from the U.S. during Black Friday.” “The rules around Singles’ Day discounts now are getting more and more complicated,” she said.

Festival Shopping China Discounts Singles Chinese Tang Spend Black Friday Chinese Consumers  day  online  discounts  gears  platforms  china  pandemic  festival  singles  worlds  ecommerce  products  spend  largest  shopping

History of this topic

Zhejiang sets record during Singles Day sales
1 month, 1 week ago

Zhejiang sets record during Singles Day sales

China Daily  

An employee picks imported goods for sale during the Singles Day shopping season at a cross-border e-commerce bonded warehouse in Jinhua, Zhejiang province, on Oct 23. The Singles Day shopping season brought record-breaking logistics to Zhejiang, with the province handling 2.243 billion parcels from Oct 21 to Nov 12, according to the State Post Bureau. The delivery peak followed on …

Zhejiang sets record during Singles Day sales
1 month, 1 week ago

Zhejiang sets record during Singles Day sales

China Daily  

ezhejiang.gov.cn| Updated :2024-11-14 An employee picks imported goods for sale during the Singles Day shopping season at a cross-border e-commerce bonded warehouse in Jinhua, Zhejiang province, on Oct 23. The Singles Day shopping season brought record-breaking logistics to Zhejiang, with the province handling 2.243 billion parcels from Oct 21 to Nov 12, according to the State Post Bureau. The delivery …

'Double 11' shopping festival sees China handle record-high parcel volume
1 month, 1 week ago

'Double 11' shopping festival sees China handle record-high parcel volume

China Daily  

China's express delivery industry gears up for the Singles Day online shopping event, as data reflects a surge in handling numbers. BEIJING -- China's postal and express delivery companies handled a record-high 701 million parcels on Monday, the peak day of this year's "Double 11" shopping festival, according to data from the State Post Bureau on Tuesday. Since entering the …

Chinese e-commerce firms report growth in sales, shoppers for Singles’ Day shopping festival
1 month, 1 week ago

Chinese e-commerce firms report growth in sales, shoppers for Singles’ Day shopping festival

Associated Press  

HONG KONG — China’s e-commerce firms reported an increase in the number of shoppers and a growth in sales for this year’s Singles’ Day shopping festival, although final figures were not publicly revealed. Rival online retailer JD.com said Tuesday the number of shoppers for its Singles’ Day promotion period grew 20% and that it achieved “double-digit growth” in transaction volume …

How China’s sluggish economy has made Singles Day gloomy for retailers
1 month, 1 week ago

How China’s sluggish economy has made Singles Day gloomy for retailers

Firstpost  

The massively popular Singles’ Day shopping frenzy in China is here, but this year, the enthusiasm among consumers seems to have dimmed. Women walk out from a fashion boutique near a display promoting the upcoming China popular e-commerce sales, the “Singles’ Day” global online shopping festival, at a shopping mall in Beijing, Nov. 4, 2024. Women walk out from a …

China's Taobao trying to crack Taiwan market during Singles' Day shopping festival
1 month, 2 weeks ago

China's Taobao trying to crack Taiwan market during Singles' Day shopping festival

ABC  

"A war is afoot", "hand chopping", "bleed out" and "killing spree" — these seemingly violent terms are frequently seen on Taiwan's news pages and social media posts at this time of year, every year. Selling more goods than Black Friday and Cyber Monday combined, China's "anti-Valentine's Day" has transformed from a movement dedicated to singles' self-care into the world's largest …

Quality focus rules Singles Day shopping gala
1 month, 2 weeks ago

Quality focus rules Singles Day shopping gala

China Daily  

An employee picks imported goods for sale during the Singles Day shopping festival at a cross-border e-commerce bonded warehouse in Jinhua, Zhejiang province, on Oct 23. Data from Tmall, Chinese tech heavyweight Alibaba Group's business-to-customer platform, showed that in the first four hours after the shopping carnival officially kicked off at 8 pm on Oct 21, 174 brands saw their …

Quality focus rules Singles Day shopping gala
1 month, 2 weeks ago

Quality focus rules Singles Day shopping gala

China Daily  

An employee picks imported goods for sale during the Singles Day shopping festival at a cross-border e-commerce bonded warehouse in Jinhua, Zhejiang province, on Oct 23. Data from Tmall, Chinese tech heavyweight Alibaba Group's business-to-customer platform, showed that in the first four hours after the shopping carnival officially kicked off at 8 pm on Oct 21, 174 brands saw their …

Fuzhou Lights Up with Spectacular Fireworks and Drone Show at Double 11 Opening Ceremony
2 months ago

Fuzhou Lights Up with Spectacular Fireworks and Drone Show at Double 11 Opening Ceremony

China Daily  

The Tmall Double 11 Global Carnival Season opened in Fuzhou with a spectacular fireworks and drone show, marking the event's 16th year. The ceremony emphasized quality shopping and great deals, with investments set to be at a record high. The festival also featured a special drone and fireworks display during the opening ceremony, setting the stage for a month-long celebration …

618 shopping gala stimulates consumption
6 months ago

618 shopping gala stimulates consumption

China Daily  

Workers sort packages at a logistics center in Suqian, Jiangsu province, on June 14. "Consumption has become the main driving force boosting China's economic growth, and the June 18 shopping festival is pivotal to unleashing consumers' purchasing potential and promoting the recovery of the economy," said Wang Yun, a researcher at the Academy of Macroeconomic Research, which is affiliated with …

618 shopping gala stimulates consumption
6 months ago

618 shopping gala stimulates consumption

China Daily  

Workers sort packages at a logistics center in Suqian, Jiangsu province, on June 14. "Consumption has become the main driving force boosting China's economic growth, and the June 18 shopping festival is pivotal to unleashing consumers' purchasing potential and promoting the recovery of the economy," said Wang Yun, a researcher at the Academy of Macroeconomic Research, which is affiliated with …

Shopping carnival features shift in demand
6 months ago

Shopping carnival features shift in demand

China Daily  

A staff member collects goods at a JD bonded warehouse in Wenzhou, Zhejiang province, on Tuesday, during this year's June 18 shopping carnival. LIU JILI/FOR CHINA DAILY Chinese consumers have shown rising demand for homegrown products and intelligent electronic devices featuring innovative technologies during this year's June 18 shopping carnival, which experts said has played a vital role in stimulating …

May Day holiday boosts consumption in Zhangjiagang
7 months, 1 week ago

May Day holiday boosts consumption in Zhangjiagang

China Daily  

A dragon dance performance delights visitors in Zhangjiagang during the May Day holiday. During this year's May Day holiday, Zhangjiagang launched a series of shopping activities and major commercial complexes introduced a variety of creative themed events to stimulate consumption. Events at the Shazhou Youhuang Cultural Park included dragon and lion dances, acrobatics performances, Sichuan opera face-changing, traditional costume parades, …

Retailers strike gold during 8-day festival shopping spree
10 months ago

Retailers strike gold during 8-day festival shopping spree

China Daily  

Consumers check out festive products in Nanjing, Jiangsu province, on Friday. LIU JIANHUA/FOR CHINA DAILY Chinese consumers unleashed their massive purchasing power during the eight-day Spring Festival holiday, which ran from Feb 10 to Saturday, with homegrown brands that weave traditional Chinese cultural elements into their designs, health-related commodities, jewelry and electronic devices gaining in popularity, especially among younger shoppers, …

Worried Chinese shoppers scrimp, dimming the appeal of a Singles’ Day shopping extravaganza
1 year, 1 month ago

Worried Chinese shoppers scrimp, dimming the appeal of a Singles’ Day shopping extravaganza

Associated Press  

HONG KONG — Shoppers in China have been tightening their purse strings, raising questions over how faltering consumer confidence may affect Saturday’s annual Singles’ Day online retail extravaganza. “The hype and excitement around Singles’ Day is sort of over,” said Shaun Rein, founder and managing director of Shanghai-based China Market Research Group. “Consumers have over the last nine months been …

Singles Day lifts sales for local brands
1 year, 1 month ago

Singles Day lifts sales for local brands

China Daily  

Workers are busy packing products before this year's Singles Day shopping spree at an e-commerce seller's warehouse in Huaian, Jiangsu province, on Nov 1. ZHANG ZHAOJIU/FOR CHINA DAILY Survey: Consumers focus on domestic products as quality, value increase Pan Lin, a 23-year-old postgraduate in Beijing and a fan of Chinese brands, scrolled through online marketplaces during this year's Singles Day …

Chinese online shoppers are enticed by deep discounts, payment plans as zest for spending lags
1 year, 6 months ago

Chinese online shoppers are enticed by deep discounts, payment plans as zest for spending lags

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chinese shoppers were treated to …

Holiday consumption mirrors China's economic vitality in new year
1 year, 10 months ago

Holiday consumption mirrors China's economic vitality in new year

China Daily  

This photo taken on Jan. 23, 2023 shows people at a cinema in Xi'an, Northwest China's Shaanxi province. During the week-long holiday, which ended on Friday, sales revenue of China's consumption-related sectors rose 12.2 percent from last year's Spring Festival holiday, which ran from Jan 31 to Feb 6, data from the State Taxation Administration showed. MOVIEGOERS ARE BACK China's …

China's box office makes strong comeback over holiday
1 year, 10 months ago

China's box office makes strong comeback over holiday

China Daily  

After enduring the negative impact of COVID-19, China's cinemas welcomed crowds of moviegoers during the Spring Festival holiday, raising hopes for the film industry's recovery. Figures The holiday box office sold 126 million tickets as of 7 pm Friday, generating a whopping revenue of 6.65 billion yuan, according to box office tracker Maoyan. Topping the holiday box office chart was …

China's box office makes strong comeback over holiday
1 year, 10 months ago

China's box office makes strong comeback over holiday

China Daily  

A poster of the movie "Full River Red" attracts visitors outside a cinema in Shanghai, January 25, 2023. The holiday box office sold a total of 117 million tickets as of 11 am Friday, generating a whopping revenue of $6.16 billion yuan, according to box office tracker Maoyan. Topping the holiday box office chart was the twist-filled "Full River Red," …

Retail Therapy > Love: What is Singles’ Day in China and how has it turned into the world’s largest shopping festival?
2 years, 1 month ago

Retail Therapy > Love: What is Singles’ Day in China and how has it turned into the world’s largest shopping festival?

Firstpost  

Singles’ Day was started by four male students at a Chinese university to celebrate singlehood in the 1990s. In 2009, e-commerce giant Alibaba started offering major discounts on 11 November and now it has snowballed into a mega-shopping bonanza, bigger than America’s Black Friday and Cyber Monday There is no love greater than the love for shopping. It’s not an …

Shandong profits from Chinese New Year shopping festival
2 years, 10 months ago

Shandong profits from Chinese New Year shopping festival

China Daily  

The Shandong Chinese New Year shopping festival, which lasted for nearly two months for the Spring Festival, generated net sales of 80.43 billion yuan, an increase of 22.6 percent compared with last year's event. Qingdao, a coastal city in Shandong, hosted an online shopping festival featuring 1,500 categories of goods from Shanghai Cooperation Organization members, generating nearly 100 million yuan …

Singles Day shopping gala features green consumption
3 years, 1 month ago

Singles Day shopping gala features green consumption

China Daily  

Delivery workers move orders of navel oranges onto a high-speed train in Ganzhou, Jiangxi province, on Thursday. NI SHUXUN/FOR CHINA DAILY E-commerce heavyweights hit record highs during this year's extravaganza Despite a low-key start without countdowns on platforms, this year's Singles Day shopping extravaganza has showcased enormous consumption vitality and injected fresh impetus into China's economic development, with an emphasis …

Chinese shoppers spend $139 billion during Singles’ Day fest
3 years, 1 month ago

Chinese shoppers spend $139 billion during Singles’ Day fest

Associated Press  

BEIJING — Chinese shoppers spent $139.1 billion during this year’s annual Singles’ Day shopping extravaganza, breaking last year’s record even though spending slowed during the coronavirus pandemic. Last week, 16 e-commerce platform operators — some of which are linked to Alibaba and Meituan — were also summoned by regulators in the southern province of Guangdong and warned over “unfair competition.” …

China's Singles' Day shopping fest subdued by tech crackdown
3 years, 1 month ago

China's Singles' Day shopping fest subdued by tech crackdown

ABC  

China has held a subdued version of its annual Singles' Day shopping spree, shorn of the usual boasting on sales volume as the country's chastened e-commerce sector kept a lower profile amid a government crackdown on platforms such as Alibaba. Key points: China's Singles' Day dwarfs the pre-Christmas Black Friday promotion in the US This year it has been somewhat …

China’s Singles’ Day shopping fest muted amid tech crackdown
3 years, 1 month ago

China’s Singles’ Day shopping fest muted amid tech crackdown

Associated Press  

HONG KONG — China’s biggest online shopping day, known as “Singles’ Day” on Nov. 11, is taking on a muted tone this year as regulators crack down on the technology industry and President Xi Jinping pushes for “common prosperity.” The Singles’ Day shopping festival — also known as Double 11 — is a massive event for China’s e-commerce companies. Alibaba …

When is Singles' Day, what is the shopping event all about and how did it start?
3 years, 1 month ago

When is Singles' Day, what is the shopping event all about and how did it start?

ABC  

Selling more goods than Black Friday and Cyber Monday combined, China's "anti-Valentine's Day" has transformed from a movement dedicated to singles' self-care into the world's largest 24-hour shopping spree. China's Singles' Day was a kind of "anti-Valentine's Day" movement popularised among university students in the 1990s. It was a fairly insignificant shopping event until Mr Ma brought the Singles' Day …

Shopping gala opens with booming sales
3 years, 1 month ago

Shopping gala opens with booming sales

China Daily  

The Double Eleven shopping gala, a Chinese online shopping extravaganza, saw booming sales on its grand opening on Monday, which industry experts said demonstrated the country's long-term consumption resilience and vitality amid the COVID-19 pandemic. The Double Eleven shopping gala, also known as the Singles Day shopping spree, is a trend started by Alibaba's e-commerce platform on Nov 11, 2009, …

Singles Day presale frenzy reveals China's consumption vitality
3 years, 1 month ago

Singles Day presale frenzy reveals China's consumption vitality

China Daily  

Members of the media attend the Alibaba Group's 11.11 Singles Day global shopping festival at a media center in Hangzhou, Zhejiang province, November 10, 2020. A resident from Hangzhou, capital of East China's Zhejiang province, surnamed Luo said she was "sober" in the first hour after the presales started until she joined a livestream studio on the e-commerce platform Taobao. …

Online shopping festival in sight for Chinese intangible cultural heritage buffs
3 years, 6 months ago

Online shopping festival in sight for Chinese intangible cultural heritage buffs

China Daily  

Intangible cultural heritage has played an important role in China's poverty alleviation efforts. China's homegrown e-commerce giants will join hands to promote products of intangible cultural heritage on the country's annual Cultural and Natural Heritage Day, which falls on June 12 this year. The shopping festival aims to help lock in the gains in the country's poverty alleviation campaign, boost …

Qingdao to launch 10m yuan coupons to boost consumption during holiday
3 years, 10 months ago

Qingdao to launch 10m yuan coupons to boost consumption during holiday

China Daily  

The eastern coastal city of Qingdao, Shandong province will distribute 10 million yuan in consumption coupons from Feb 11 to 28 through the UnionPay app as part of its efforts to encourage people to stay put during this year's Spring Festival holiday to prevent the spread of COVID-19 and boost consumption during the holiday. Locals and migrant workers who spend …

US retailers witness Cyber Monday as biggest online shopping dayin history cv19
4 years ago

US retailers witness Cyber Monday as biggest online shopping dayin history cv19

Hindustan Times  

Cyber Monday is on track to bring in a record of as much as $12.7 billion in online sales, according to latest industry estimates, surpassing Black Friday’s digital numbers as US retailers reached the last leg of an extended holiday selling season caused by the Covid-19 pandemic. Cyber Monday turns out to be biggest online shopping day in US history …

Chinese shoppers spend over $100 billion in shopping fest
4 years, 1 month ago

Chinese shoppers spend over $100 billion in shopping fest

The Hindu  

Chinese consumers spent over a hundred billion dollars during this year’s Singles’ Day shopping festival, signaling a rebound in consumption as China recovers from the coronavirus pandemic and a battering of the economy. From November 1 to November 11, shoppers spent 498.2 billion yuan on Taobao and Tmall, the e-commerce platforms operated by Alibaba, China’s largest e-commerce company. The annual …

Chinese shoppers splurge in world’s largest shopping fest
4 years, 1 month ago

Chinese shoppers splurge in world’s largest shopping fest

Associated Press  

HONG KONG — Chinese consumers are expected to spend tens of billions on everything from fresh food to luxury goods during this year’s Singles’ Day online shopping festival, as the country recovers from the pandemic. The shopping festival, which is the world’s largest and typically begins in November, is an annual extravaganza where China’s e-commerce companies, including Alibaba, JD.com and …

Chinese retail complex giant sees booming sales during National Day holiday
4 years, 2 months ago

Chinese retail complex giant sees booming sales during National Day holiday

China Daily  

A customer walks into a Wanda Cinema in Changzhou, Jiangsu province. BEIJING - Chinese retail complex giant Wanda Plaza reported booming traffic and sales during the just-concluded National Day holiday as pent-up consumption steam unleashes with anti-COVID-19 measures in place. The vast retail complex network with Chinese conglomerate Wanda Group said visitor traffic edged up 3.8 percent year-on-year from Oct …

Ningbo launches shopping festival to stimulate consumption
4 years, 4 months ago

Ningbo launches shopping festival to stimulate consumption

China Daily  

A shopping festival is launched in Ningbo, East China's Zhejiang province on Aug 20 to further stimulate consumption in the city. Ningbo in East China's Zhejiang province recently launched a shopping festival, as the city looks to further stimulate consumption in the wake of the COVID-19 pandemic. As of July, Ningbo's consumption market had recovered to 95.6 percent of that …

Discover Related