Singles' Day

iFresh Announces Participation in Alipay Singles’ Day Sales Event

Retrieved on: 
Monday, November 11, 2019
Online payments, Economy, E-commerce, Alibaba Group, Online marketplaces, Retailing, Singles' Day, Alipay, Online shopping, Taobao, Alibaba Cloud

Singles Day, November 11th, also known as Double Eleven (11.11) was created by Alibaba, the Chinese e-commerce giant on November 11th in 2009 as a special occasion for Chinese singles to treat themselves through retail therapy.

Key Points: 
  • Singles Day, November 11th, also known as Double Eleven (11.11) was created by Alibaba, the Chinese e-commerce giant on November 11th in 2009 as a special occasion for Chinese singles to treat themselves through retail therapy.
  • Singles Day has become the largest offline and online shopping day in the world.
  • During the annual Singles Day event, approximately 90% of Alibaba sales transactions take place over Alipay, which is used by more than 1.2 billion users.
  • Mr. Long Deng, Chairman and Chief Executive Officer of iFresh commented: We are excited to join Alipays Singles Day Sales Event to attract its massive users to shop in our supermarkets and capitalize on a month of robust consumer spending.

Suning Revealed Single's Day Shopping Festival Result with Omni-Channel Sales Increased By 132%

Retrieved on: 
Thursday, November 15, 2018
Economy, E-commerce, Consumer behaviour, Marketing, Suning, Zhang Jindong, Retailing, Online shopping, Singles' Day, Shopping, Suning.com

"The theme of this year's Single's Day festival was 'Shopping online, shopping offline, shopping with Suning', "said Zhang Jindong, Chairman of Suning Holdings Group.

Key Points: 
  • "The theme of this year's Single's Day festival was 'Shopping online, shopping offline, shopping with Suning', "said Zhang Jindong, Chairman of Suning Holdings Group.
  • It is with such a solid foundation and strategy that a satisfactory result can be achieved on this shopping festival."
  • Under the influence of CIIE, sales of Suning international (including cross-border shopping) increased by 428%.
  • Among them, household daily categories has grown rapidly with sales increased by 636% over the same period of last year.

Suning Revealed Single's Day Shopping Festival Result with Omni-Channel Sales Increased By 132%

Retrieved on: 
Thursday, November 15, 2018
Economy, E-commerce, Consumer behaviour, Marketing, Suning, Zhang Jindong, Retailing, Online shopping, Singles' Day, Shopping, Suning.com

"The theme of this year's Single's Day festival was 'Shopping online, shopping offline, shopping with Suning', "said Zhang Jindong, Chairman of Suning Holdings Group.

Key Points: 
  • "The theme of this year's Single's Day festival was 'Shopping online, shopping offline, shopping with Suning', "said Zhang Jindong, Chairman of Suning Holdings Group.
  • It is with such a solid foundation and strategy that a satisfactory result can be achieved on this shopping festival."
  • Under the influence of CIIE, sales of Suning international (including cross-border shopping) increased by 428%.
  • Among them, household daily categories has grown rapidly with sales increased by 636% over the same period of last year.

Honor's Singles' Day Sales Record Seals its Global Success, Bucks Trend Amid Global Downturn

Retrieved on: 
Tuesday, November 13, 2018
Huawei Honor, JD.com, Honor, E-commerce, Smartphones, Chinese culture, Singles' Day, Computing, Classes of computers

The success represents the 3rd consecutive year of Honor's sales supremacy during this festive season.

Key Points: 
  • The success represents the 3rd consecutive year of Honor's sales supremacy during this festive season.
  • [2]
    Singles' Day helped to extend Honor's growing influence into Southeast Asia.
  • In Indonesia, Honor became a best seller in Mobile Category and Electronics Category at shopee.com, selling over 8,000 units within 80 minutes.
  • It was the best-selling smartphone in terms of sales volume and revenue in RMB 4,000-5,000 range (US$580-720) at Tmall.com and JD.com.

Honor's Singles' Day Sales Record Seals its Global Success, Bucks Trend Amid Global Downturn

Retrieved on: 
Tuesday, November 13, 2018
Huawei Honor, JD.com, Honor, E-commerce, Smartphones, Chinese culture, Singles' Day, Computing, Classes of computers

The success represents the 3rd consecutive year of Honor's sales supremacy during this festive season.

Key Points: 
  • The success represents the 3rd consecutive year of Honor's sales supremacy during this festive season.
  • [2]
    Singles' Day helped to extend Honor's growing influence into Southeast Asia.
  • In Indonesia, Honor became a best seller in Mobile Category and Electronics Category at shopee.com, selling over 8,000 units within 80 minutes.
  • It was the best-selling smartphone in terms of sales volume and revenue in RMB 4,000-5,000 range (US$580-720) at Tmall.com and JD.com.

Acorn International Records Over RMB 14 Million in Singles Day Gross Sales

Retrieved on: 
Monday, November 12, 2018
E-commerce, Buzzword, Christmas economics, Culture, Economy, Human behavior, Acorn Computers, Singles' Day, Cyber Monday, Association of Community Organizations for Reform Now, Black Friday

SHANGHAI, Nov. 12, 2018 /PRNewswire/ -- Acorn International, Inc. (NYSE: ATV) ("Acorn" or the "Company") today announced that its 11.11 Singles Day e-commerce performance for its Babaka brand exceeded Gross Revenue (before taxes and returns) of RMB 8.5 million in the first two hours of shopping and ended the day at about RMB 13.6 million up from RMB 7.8 million for the full day last year.

Key Points: 
  • SHANGHAI, Nov. 12, 2018 /PRNewswire/ -- Acorn International, Inc. (NYSE: ATV) ("Acorn" or the "Company") today announced that its 11.11 Singles Day e-commerce performance for its Babaka brand exceeded Gross Revenue (before taxes and returns) of RMB 8.5 million in the first two hours of shopping and ended the day at about RMB 13.6 million up from RMB 7.8 million for the full day last year.
  • Singles Day, also known as Double Eleven for its date, was first introduced ten years ago as a day to celebrate lonely hearts.
  • Today, Singles Day is the world's largest online shopping day, eclipsing Black Friday and Cyber Monday by a large margin.
  • Mr. Jacob A. Fisch, Acorn's President and CEO noted, "We are thrilled with the performance of our e-commerce channel this Singles Day.

AliExpress to Launch "Candy Jar", a Mini Space Station that Will "Pour" Red Envelopes Around the Globe on Single's Day

Retrieved on: 
Monday, October 22, 2018
E-commerce, Alibaba Group, AliExpress, Human behavior, Economy, Culture, Retailing, Consumer behaviour, Singles' Day, Shopping

This year marks the 10th anniversary of Single's Day Shopping Festival.

Key Points: 
  • This year marks the 10th anniversary of Single's Day Shopping Festival.
  • Born in China as a celebration of "singleness", it has now become a global shopping festival with participating businesses, brands and consumers outside of China too.
  • During this year's "11.11 Global Shopping Festival", AliExpress will collect consumer stories from more than 220 countries and regions and send them to space early next year through a "space bottle".
  • Top consumer markets where AliExpress is popular are Russia, the United States, Brazil, Spain, France and the United Kingdom.