Singles Day regularly racks up bigger sales than Black Friday and Cyber Monday combined. The event — also known as Double 11 — is pegged to China’s informal, anti-Valentine’s Day holiday that celebrates people who aren’t in relationships. It takes place on November 11, a date that was chosen because it is … See more Livestreaming is expected to be a “key growth driver,” for this year’s Double 11, said Wang, of Forrester. Livestreaming had been around in China for years, but really took off during … See more Therewas an added shadow over the event for Alibaba and its billionaire founder Jack Ma. Last week, Chinese regulators slammed the brakes on the highly anticipated IPO of … See more Singles' Day serves as an occasion for single people to meet and for parties to be organized. The holiday was initially only celebrated by young men, hence the initial name Bachelors' Day. However, it is now widely celebrated by both sexes. Blind date parties are popular on this day, in an attempt to alter the single status of the participants. Some universities organize special programs to gather singles together for the celebration. Singles may take on an annoyed or self …
Alibaba posts record sales for Singles Day, but growth is slowing
WebNov 11, 2024 · Nov 11, 2024 10:16AM EST. Wednesday, November 11, 2024. It started off as a simple secular holiday in China — “Singles’ Day” was fashioned as sort of an “anti … WebNov 24, 2024 · Singles' Day is the world's largest shopping bonanza, one invented by the Chinese ecommerce giant Alibaba back in 2009. It falls on Nov. 11 (or 11/11, where the number one represents a single person). Originally, Singles' Day was branded as a celebration for being single and pursuing self-care. It's now China's Black Friday … candle light show chicago
Singles’ Day 2024: What Does It Mean? - Forbes
WebNov 11, 2024 · Singles Day is the world's biggest online shopping event in terms of spending, with much of the revenue generated by Chinese online retail giant Alibaba. Last year, their gross merchandise... WebNov 11, 2024 · November 11, 2024, 2:51 AM PST Wednesday was supposed to be Alibaba’s best day of the year. Nov. 11 marked the second part of its gargantuan Singles Day shopping festival that is bigger... WebOct 28, 2024 · NEW YORK (October 28, 2024) – Singles’ Day (also known as Double 11 or 11.11) is set to break sales records in China again this year, ... This is the third year that … fish restaurants in salem or