Singles’ Day News

News

Alibaba says Singles’ Day sales hit $16.3 billion in less than 90 minutes

This is the equivalent of more than half of last year’s record haul for the 24-hour eventThe sales will be closely watched by investors who are keen to gauge how willing Chinese consumers are to spend as economic growth threatens to slip below 6%

3 min read11 Nov 2019
Companies

Alibaba’s Jack Ma sets another Singles’ Day record before retirement

Alibaba’s annual Singles’ Day event notched $30.7 billion in merchandise sales, an increase of 27%, according to a tally posted at the event’s media centre in Shanghai

3 min read12 Nov 2018
Companies

Alibaba sets Singles’ Day record with $31 billion in sales

Alibaba reported that Xiaomi, Apple and Dyson products were the top three brands in early sales during Singles' Day in China

3 min read12 Nov 2018
Industry

Singles Day sale in China top $45 billion as Alibaba, JD.com set records

E-commerce firms Alibaba and its rival JD.com recorded sales of $25.3 billion and$20 billion, respectively, in the 8th edition of Singles day in China

3 min read12 Nov 2017
Industry

Alibaba Singles’ Day posts record $25.3 billion in sales

Alibaba's Singles' Day shopping bonanza generated a record $25.3 billion in sales, as the firm's investment overseas and effort to link traditional retailers with the internet paid off

3 min read11 Nov 2017
Industry

Flipkart says on target to double Big Billion Days sales to $1 billion this year

Gross sales of $1 billion would make Flipkart's Big Billion Days one of the biggest online sale events globally and put it in the same league as Alibaba's Singles' Day sale in China

2 min read22 Sep 2017
Industry

Alibaba transforms wealthy shopaholics into an online marketing squad

APASS has helped Alibaba persuade the well-heeled shoppers trolling its Tmall and Taobao shopping emporiums to keep spending

3 min read18 Nov 2016
Industry

Alibaba expects to top Singles’ Day record with new products

Alibaba is all set to surpass the record $14.3 billion in sales it made on Singles' Day in 2015 by rolling out virtual fashion shows and reality games to entice shoppers

2 min read21 Oct 2016
Companies

Alibaba reaches 3 trillion yuan milestone even as China slows

The company wants to bring in more quality non-Chinese goods and continue to increase its footprint in rural areas to sustain growth

2 min read21 Mar 2016
Industry

How Alibaba pulled off its Singles Day shopping festival

Alibaba broke all records with sales of $14.3 billion on Singles Day this year. How did it manage this amazing feat?

4 min read2 Dec 2015
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