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653 Here’s how this year’s Singles Day sales played out for Alibaba, JD.com

Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia · 11/15/2021 19:50 EDT

Here’s how this year’s Singles Day sales played out for Alibaba, JD.com

Crackdown woes and higher inflation have led to this year’s sales period being more low-key. Online sales posted by Alibaba and JD.com were rather somber, reflecting the sluggish Singles Day in China. Annually, November 11, known as “Singles Day,” never fails to be the world’s biggest 24-hour shopping event. The statistics have always been staggering,... Read more »

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