Economy News The Singles Day Shopping Festival Loses Its Shine Under China S Lagging Economy
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China's 'Singles Day' shopping fest loses its shine for weary consumers
Chinese shoppers worried about the economy and overwhelmed by near-constant retail promotions are growing weary of the annual "Singles Day" sales bonanza, a discouraging sign as the government tries t ... Read More
China's Singles' Day shopping festival winds down with 'muted' sentiment
China's Singles' Day sales festival is coming to a close after more than a month of promotions on the country's largest e-commerce platforms, which failed to spark widespread consumer excitement ... Read More
China's 'Singles' Day' shopping festival a gauge of Beijing's effort to get consumers to spend more
Alice Zhang, a 29-year-old marketer in the southern Chinese city of Guangzhou, has spent only roughly half what she did last year during the “Singles' Day” online shopping festival, switching to ... Read More
China's Singles' Day Is A Shopping Festival. $202 Billion Sales Done In 2024
Originally a holiday to celebrate being single, as a counter to Valentine's Day, the event has grown into a weeks-long online shopping festival that this year began on October 9 and runs through ... Read More
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