Alibaba Singles Day 2024 – Xiaomi has claimed a record $3.11 billion in sales during this year’s Single Day event. The Chinese powerhouse sold more than 22.4 billion yuan worth of products across leading platforms like JD.com, . Chinese consumers are not heeding Beijing’s call to spend. The Singles Day sales period ended up with anemic growth in transactions, despite steep discounts by retailers. That points to shoppers’ .
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Alibaba Singles Day 2024 Behind the Biggest Day in Retail History Category Management : China’s Singles Day, the world’s largest shopping festival, concluded with Alibaba reporting positive sales growth, although full results were not disclosed. Fortune estimated the shopping spree’s . Alibaba’s online shopping platforms Taobao and Tmall cancelled their annual Dec. 12 shopping festival and will instead host another shopping spree called ‘year-end good price’ in December, according .
