#ChineseNews #Singles’ Day #ChinaFocus
“China Focus” is a YouTube channel created to provide current events and pop culture headlines from China.Here you can get to know a more real China through my video.
Today, let’s focus on the issue of Is China’s Singles’ Day the future of global ecommerce?
Chinese Singles’ Day, which is the world’s biggest online shopping day. This anti-Valentine’s Day celebration held in China is a time when everyone, regardless of their relationship status, purchases themselves gift. As usual, this year we can expect more eye-popping sales figures and more digital innovations. In a way, Singles’ Day equals the future of ecommerce.
Can Singles’ Day turn the whole of global ecommerce upside down? It is the biggest online shopping day on the planet. You must have heard about Amazon Prime Day, Black Friday and Cyber Monday. These events, promoted by online retailers for bargains and discounts, spark real online shopping frenzy. They’re pretty big sales and revenue generators.
Both Cyber Monday and Black Friday’s sales results even combined, are nothing compared to what can be achieved on November 11 in China!
It is ecommerce singles day alibaba GMV. The world’s biggest online shopping day of the year doesn’t take place on Cyber Monday or Black Friday. It doesn’t take place on Amazon, eBay or any other Western marketplace.
Thanks for your watching and subscribing.