The Limited Times

Now you can see non-English news...

Alibaba Record for Singles Day in China

2020-11-11T20:47:38.592Z


The Chinese online merchant is profiting from the post-Covid rebound and the digitization of the country's economy.


Nothing is stopping the Alibaba steamroller: $ 74 billion in merchandise sales for November 11, post-Covid.

Almost double compared to last year.

This holiday, which began as a day dedicated to Chinese singles, has gradually become the barometer of the Chinese economy.

Read also:

Alibaba, an empire omnipresent in the daily life of the Chinese

To prepare for this edition not quite like the others, Alibaba has extended this annual consumer meeting to another sales window from November 1 to 3.

Presales were possible from October 21.

“The logic has been to give brands more time to emerge from the economic slowdown, to give Alibaba logistics and consumers more time to make their choices,”

explains Sébastien Badault, CEO of the company in France. .

The e-commerce giant also offered tailor-made marketing support for brands, especially internationally: positioning, product launch, platform

This article is for subscribers only.

You have 72% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

Enter your email

Already subscribed?

Log in

Source: lefigaro

All news articles on 2020-11-11

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.