Explainer: What is China’s Singles Day and how is it celebrated?

Quick Summary:

The world's biggest shopping event happens in China each year - and it's called Singles Day.

SHANGHAI - Black Friday? No.Cyber Monday? Nope.Prime Day? Absolutely not.

From 2014 until 2021, Singles Day had posted growth rates of about 34% annually on average, versus Cyber Week's 17% average gain, according to data from consultancy Bain and from Adobe Analytics.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaUnited States

Topics: Celebrated Singles Explainer: Cyber Event China’s Last Shopping Year Shoppers China

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 07:04:10 (1 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 909 words

Reading Time: 6 minutes read

Sentences: 40 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23538439

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 15 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 48 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #25

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