Browsing Tag

singles’ day

9 posts

Jack Ma’s Alibaba Makes Record-Breaking $25 Billion in Singles’ Day Sales

Alibaba once again proved its worthiness as China’s king of e-commerce after it smashed a record breaking sale figure of 168 billion yuan ($25.3 billion) at the end of its annual Singles’ Day event.

This year’s event on Nov. 11 far exceeded the company’s Singles’ Day in 2016, which raked in $18.1 billion during its 24-hour sale period, according to South China Morning Post.

Australian Woman Makes $1 Million in One Day Selling Soap in China

An Australian woman was among the many retailers who made bank during the Chinese shopping bonanza that is Singles’ Day.

In just 24 hours, Melbourne-native Danielle Di Pilla made a whopping $1 million on Singles’ Day by selling 350,000 units of her “Goat Soap” to eager Chinese consumers. Priced at $2.99 for a 100 gram bar, the product was a hit in a market saturated with rip-off products, in her second year selling on the Tmall Global platform.

Chinese Student Interns Forced to Sort Singles’ Day Packages for $1.45 a Day to Graduate

Some Chinese vocational college students found themselves interning at a post company the day after the busy Singles’ Day event on November 11. Their major? Highway transportation management.

As part of their training, 240 second-year students from the Shaanxi Transportation Vocational College where tasked to sort packages for 10 hours a day over the course of two busy weeks, according to CCTV (via South China Morning Post).

Chinese Customers Tested Virtual Reality Shopping in New York’s Macy’s for Singles’ Day

China’s Alibaba Group has set another record for Singles’ Day, racking as much as 120.7 billion yuan ($17.79 billion) in sales within 24 hours on Friday. The company, which created the annual shopping holiday on November 11, 2009, has far exceeded last year’s sales of 92.1 billion Yuan ($13.5 billion).

This year, major U.S. retailers and fashion brands such as Macy’s, Calvin Klein, and others have joined the world’s biggest online shopping event not only to earn a quick revenue but also to secure a spot in the fast-growing market.