Singles Day
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AliExpress saw the value of its merchandise sold internationally rise 350 per cent on Singles Day last week.
The shopping event founded by Alibaba and now known as the Global…
Read MoreAlibaba’s Singles Day sees record peaks of 583,000 orders per second raking in $56bn
Alibaba’s ‘Singles Day’ shopping festival has already smashed records and taken over $56 billion as China’s economy emerges from the pandemic.
The Chinese ecommerce giant has already begun to cash…
Read MoreAlibaba hails runaway success during first half of ‘Singles Day’ shopping festival
Alibaba has reported runaway sales during the first half of its 11.11 Global Shopping Festival, which is split between two dates for the first time this year.
Between November 1…
Read MoreAlibaba more than doubles duration of ‘Singles Day’ shopping festival
Alibaba is set to launch its “Singles Day” shopping festival early this year, more than doubling the length of the world’s largest shopping event.
Singles Day, which last year took…
Read MoreAlibaba’s Tmall looks to add 2,600 new overseas brands for 11.11 shopping festival
Alibaba’s Chinese ecommerce platform Tmall Global has announced it aims to add 2,600 international brands and over 2,000 in-demand products to its 11.11 shopping festival this November 11.
Tmall appeals…
Read MoreAlibaba’s ecommerce chief demoted after investigation into “improper bahavior”
Alibaba has demoted its ecommerce chief Jiang Fan, once regarded as a favourite to become chief executive, following reports of “improper behaviour”.
Jiang, a former Google software engineer, has been…
Read MoreJack Ma says $38bn Singles Day “missed expectations” as Alibaba gains approval for HK listing
Alibaba’s founder Jack Ma has said its $38 billion (£29.6 billion) Singles Day event “hasn’t even reached my expectation” despite breaking records.
Singles Day, which took place earlier this week,…
Read MoreAlibaba’s Singles Day made more than Black Friday in 1 hour, here’s what the experts say
This year’s Singles Day shopping event has now come to a close, once again blitzing records to see over $38 billion (£29.6 billion) sold across Alibaba’s platforms in 24-hours.
The…
Read MoreAlibaba’s Singles Day makes a staggering $1bn in first minute
Alibaba has raked in a whopping $23 billion (£17.9 billion) in just nine hours as its Singles Day Shopping event attracts millions of shoppers.
Singles Day, also known as 11.11,…
Read MoreAlibaba smashes expectations to see 40% revenue jump ahead of IPO
Alibaba trounced analyst expectations in its last quarter as its profits tripled despite China’s wider economy continuing to stagnate.
The Chinese ecommerce giant saw revenues rise 40 per cent year-on-year…
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