CHINA TOPIX

12/22/2024 02:29:03 pm

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Singles Day

The company reported that it processed $18 billion worth of trade during the day

Alibaba Posts Record Turnover for Singles Day

Chinese e-commerce behemoth Alibaba broke records on Singles Day. The company reported that it processed $18 billion worth of trade on the day, showing a 32 percent increase over the previous year figure of $14.3 billion. The company also reported that 82 percent of the purchases were made from mobile devices.

Chinese e-Commerce Store Taobao Offers Vietnamese Brides For Sale on Singles' Day

Chinese e-Commerce Store Taobao Offers Vietnamese Brides For Sale On Singles' Day

You may not be able to buy happiness on Taobao, but you can buy a Vietnamese bride.

Leo Ku and bride Lorraine hold wedding in Four Seasons Hotel in Hong Kong.

Leo Ku, Lorraine Chan Hold Wedding Banquet on Singles Day

Ironic as it may seem, Hong Kong singer Leo Ku ended his wife's single-blessedness again, but this time more publicly, as he and Lorraine Chan held their wedding banquet in Hong Kong on Wednesday, when all of China was celebrating Singles Day.

Singles Day

China's Singles Day Forecast to Rake in Billions in Online Sales

Alibaba and other e-commerce companies could rake in online sales amounting to $11 billion as Chinese celebrate Singles Day Wednesday.

Singles' Day

China's Singles' Day Shopping Event Generates $9.3 Billion in Sales Shattering Previous Records

China's Singles' Day has shattered previous records as consumers spent a total of $9.3 billion in the 24-hour period.

Girlfriend Says No to Chinese Man's "99 iPhones" Marriage Proposal

The young programmer's gimmick cost him two-years' salary and about US$82,000 (RMB 500,000) for the 99 iPhone 6s.

Alibaba warehouse

Chinese Singles Day Celebration Makes Black Friday and Cyber Monday Pale in Comparison

China's Alibaba Group (NYSE: BABA) appears to be happily counting its way to the bank since first-hour sales of its Singles Day celebration reached a record $2 billion worth of merchandise sold by the e-commerce giant. That means the company founded for ex-school teacher Jack Ma would likely exceed the $5.8 billion sales record it logged on Nov. 11, 2013.

 Media swarmed on Alibaba’s HQ in China to watch the numbers generated by the nation’s online shoppers

China's 'Singles Day' Shopping Event Reaches $2 Billion in Sales in First Hour

Singles' Day, not only China's biggest shopping day but also the biggest online shopping frenzy across the globe, has already reported over US$2 billion worth of sales in only its first hour.

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