Singles' Day

Alibaba Misses Second-Quarter Revenue Estimates

Alibaba Group Holding missed analysts' estimates for quarterly sales, as lingering economic uncertainty sapped consumer spending in China and weighed on th...

What Is China’s Singles Day And How Is It Celebrated?

Black Friday? No. Cyber Monday? Nope. Prime Day? Absolutely not. The world's biggest shopping event happens in China each year - and it's called Singles Da...

Chinese Retailers Embrace GenAI To Boost Sales, Survey Finds

Chinese retailers are investing in AI to boost sales with more than half (52%) of the country's e-commerce platforms having used at least one generative AI...

JD.com Beats Quarterly Revenue Estimates As Heavy Discounts Buoy Demand

Online retailer JD.com has reported fourth-quarter revenue above estimates and announced it would increase the size of its share repurchase programme.

Alibaba Boosts Share Buy Back As Revenues Miss Estimates

China's Alibaba Group Holding missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in...

China's 'Singles Day' Wraps Up With E-Commerce Giants Reporting Sales Growth

China's largest e-commerce player Alibaba Group said it recorded year-on-year growth over this year's 'Singles Day' sales period, while rival JD.com report...

Alibaba Promises Major Discounts Ahead Of China's 'Singles Day' Event

E-commerce giant Alibaba Group said it will be offering huge discounts as it gears up for its annual Singles Day shopping extravaganza - an indication that...

L'Oreal Offers Vouchers To Resolve Singles Day Shopping Spat

L'Oreal is offering shopping vouchers to some Chinese customers to settle a dispute over discounts that drew the ire of the country's top two livestre...