Shopping Holidays, CPG, QR Codes Garner Consumer Interest

By  |  February 3, 2021
 | 
Alibaba 11-11

Alibaba focused on growth and success with its international shopping holiday, which was known as Singles’ Day in the past, for its most recent quarter. In retail trends, the consumer packaged goods (CPG) industry is coming off a banner year, but most experts agree the surge is coming to an end. And in digital innovation, consumers have harnessed quick-response (QR) codes for contactless payments, as well as for discounts and information. All this, Today in Data.

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    Data:

    779M: Number of annual active consumers on Alibaba’s retail marketplaces as of the end of 2020.

    97%: Share of U.K. consumers who have heard of at least one leading D2C brand.

    74%: Portion of Chinese consumers who make mobile payments daily.

    11: Number of days for which Alibaba’s 11.11 global shopping holiday was held.

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    2.2B: Minimum number of individuals worldwide expected to leverage QR codes for payments by 2025.


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