Singles Day/page/2 news and trends

Singles’ Day Sales Growth Slows Amid China’s Economic Challenges

November 11, 2024
Singles’ Day sale tag
AliPay+ Transactions up 40% During Singles Day Shopping Event
Digital Payments // November 11, 2022

During the 10 days leading up to China’s Singles Day shopping event, there was a 40% increase in the number of online transactions via the Alipay+ payment platform compared to the same period last year. Get the Full Story Complete the form to unlock this...

Report: China’s Singles Day Retail Growth Expected to be Weakest Ever
Retail // November 11, 2022

China’s Singles Day — a weeks-long shopping event that has become a key measure of consumer demand in the country — has reportedly seen a lackluster response this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

If ‘Single’s Day’ Is Prime Day on Steroids, Retailers Can’t Blow the Payments Part
Retail // November 11, 2022

Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s Day phenom has since grown into the world’s biggest sales event, generating an estimated $139 billion in just 24 hours...

Global Singles’ Day Spending Puts Prime Day to Shame
Retail // November 11, 2021

What started in the 1990s in China as an anti-Valentine’s Day remains the world’s largest shopping day of the year — and though regulatory scrutiny muted some of the Singles’ Day celebration, consumers still came out in droves to buy from eCommerce merchants. Get the...

Interviews & Exclusives
If ‘Single’s Day’ Is Prime Day on Steroids, Retailers Can’t Blow the Payments Part

November 11, 2022
Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s Day phenom has since grown into the world’s biggest sales event, generating an estimated $139 billion in just 24 hours last year. Get the Full Story Complete the form to […]

How Singles Day Gave Rise To China’s Digital Commerce Culture

December 18, 2019
Singles Day started quite humbly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

This Weekend’s $25B Shopping Event

November 10, 2018
When Singles Day launched nearly a decade ago, the then-fledgling eCommerce brand Alibaba didn’t really think they were changing the face of commerce in its nation. Get the Full Story...

Quick Reads
Singles’ Day Sales Growth Slows Amid China’s Economic Challenges

November 11, 2024
Retail sales made during China’s annual Singles’ Day shopping event reportedly slowed again this year amid the country’s economic challenges and consumer skepticism about retailers’ promotions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily […]

AliPay+ Transactions up 40% During Singles Day Shopping Event

November 11, 2022
During the 10 days leading up to China’s Singles Day shopping event, there was a 40% increase in the number of online transactions via the Alipay+ payment platform compared to...

Report: China’s Singles Day Retail Growth Expected to be Weakest Ever

November 11, 2022
China’s Singles Day — a weeks-long shopping event that has become a key measure of consumer demand in the country — has reportedly seen a lackluster response this year. Get...

Alibaba Debuts NFT Art Metaverse for China’s Singles Day

November 03, 2021
Alibaba has rolled out what it’s calling a “metaverse” ahead of China’s Singles Day, according to RADII, a China youth culture publication founded by a former vice president of Alibaba....