WARC (November 19)
“More shoppers, GMV growth and the growing role of AI was the Singles Day story from Alibaba and JD.com, but the wider economy continues to feel the impact of China’s property slowdown.”
Tags: AI, Alibaba, China, Economy, GMV, Growth, Impact, JD.com, Property, Shoppers, Singles Day, Slowdown
Barrons (November 10)
“Politics and religion may divide people, but everyone loves a good sale.” On Wednesday, Alibaba Holdings, the e-commerce giant, will start “its sixth annual 11.11 Global Shopping Festival. The 24-hour shopping-palooza, also known as Singles Day, generated $9.3 billion in sales last year, dramatically more than the $2.7 billion sold during America’s Cyber Monday. Analysts predict sales will set a new record this week.”
Tags: 11.11, Alibaba, Cyber Monday, E-commerce, Politics, Religion, Sale, Sales, Singles Day, U.S.
