Singles Day Archives - Page 2 of 4 - Inside Retail Asia
Continuing momentum in Alibaba Group’s ‘New Retail’ business helped drive a 56 per cent year-on-year growth in sales for the quarter to December 31.
While the US formulated online super sales, such as this week’s Black Friday, Asia has adopted the concept with a vengeance.
Alibaba’s 11.11 Singles Day shopping event predictably set another new record over the weekend, with US$25.3 billion GMV processed.
Three days out from China Singles’ Day, experts are predicting Alibaba’s annual e-commerce sales event will keep setting records.
Alipay is set to expand in Southeast Asia through a merger of parent Ant Financial Services and HelloPay.
One in four Crocs stores will be closed globally as the maker of the world’s ugliest shoes plots a survival plan.
Fake Singles’ Day discounts have alarmed a Chinese state-backed consumer group.
Chris Reitermann looks at the lessons from this month’s Singles Day and explains how can brands capture the hearts of shoppers amidst the pandemonium.
“This is what the future of retailing looks like” – beyond the focus on Singles Day GMV is a whole new retail ecosystem.
Alibaba’s Singles Day started with the first record set just five minutes in – and they’ve been tumbling since….
Singles Day or 11.11, which launches at midnight, is expected to again set an online spending record.
Alibaba group has shrugged off the softening Chinese economic environment to report a healthy 32 per cent rise in global revenues.