Singles Day, now an 11-day shopping season, once again smashed sales records for China’s major e-commerce platforms. But are shoppers tired?
A TechNode reporter takes on 30 million Singles Day livestreaming shoppers in a race to buy discount hand cream from the Lipstick King.
Chinese e-commerce giants including Alibaba and JD.com have announced new record-breaking sales for Singles Day, the 11-day shopping extravaganza that ended Wednesday at midnight. Why it matters: Singles Day, typically a 24-hour event, has evolved into a weeks-long shopping festival. Alibaba, credited with popularizing the promotion, extended the event this year by creating two shopping […]
JD Internet Hospital orders for services like health checkups, vaccines, and cosmetic surgery increased 45 times in the first hour.
It took 96 seconds for sales across Alibaba’s e-commerce platforms to reach $1.43 billion.
More than 500 million users are expected to participate in this year’s promotion.
Livestreams are becoming a go-to option for Chinese consumers seeking new products and discounts.
China is already gearing up for Singles Day, while two of the country’s largest ed-tech firms each nabbed in hundreds of millions of dollars in investment.
A troubled week for logistics companies ahead of Singles Day amid delivery driver strikes and Alibaba-backed Yunda Express’s boycott of an SEA rival.
Influencer e-commerce livestreams may be the next target for regulators.