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Alibaba Group will kick off its annual 24-hour shopping extravaganza on Nov 11 with deals and deep discounts galore, and a performance by American popstar Taylor Swift to top it all, as it pushes to rake in another record Singles' Day sales.
US brands may see a broad boycott at the world’s biggest shopping event this year as tensions between the US and China over everything from tariffs to technological dominance simmer.
Chinese shoppers say they would shun American brands during the world’s busiest 24 hours of online shopping
Up to 78% of Chinese say they would avoid buying American brands, opting instead for Chinese products, with more than half of them citing ‘patriotism’ as the main reason, according to AlixPartners’ survey. The survey of 2,000 adult Chinese consumers was conducted between Oct 2 and 7.
Amazon.com Inc sold more than 175 million products across the globe during its 48-hour Prime Day sales event a few weeks ago – more than Black Friday and Cyber Monday combined. More than 10 million items qualified for next-day delivery. Making that happen depends on robots.
The Alibaba-backed e-commerce company scored the highest average monthly active users in Malaysia, Philippines, Thailand and Singapore.
Although it’s hard to imagine Nintendo not having a home console on store shelves, the company could move away from developing such hardware in the future.
Shoppers hoping to get their hands on one of Amazon.com Inc’s Echo smart speakers before Christmas may come away disappointed.
CHINA’s economic slowdown spilled over to consumers and home buyers last month in a turn that economists said points to difficulties ahead, even as the government tries to bolster growth by boosting infrastructure investment.