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Singles' Day Sales - A Barometer Of Consumption
11 mins·07:30, 14 Nov 2023
Singles' Day Sales - A Barometer Of Consumption
11 mins
·
07:30, 14 Nov 2023
·
Recommended
Guest: 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
Presenter: Wong Shou Ning, Keith Kam
Producer: Moh Heng Ying
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