BFM Podcast

Singles' Day Sales - A Barometer Of Consumption

Tan KW
Publish date: Tue, 14 Nov 2023, 11:12 AM
Singles' Day Sales - A Barometer Of Consumption

14-Nov-23 07:30

Catherine Lim, Senior Analyst, Bloomberg Intelligence

The China's Singles' Day extravaganza concluded over the weekend after weeks of promotions across the country. Seen as the world's most significant shopping event, 11/11 saw e-commerce leaders like Alibaba Group and JD.com reporting improvements in gross merchandise value and order amounts, but they declined to reveal actual numbers. Catherine Lim, a senior analyst at Bloomberg Intelligence shares her observations.

Image credit: Shutterstock.com

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment