In order to prepare for the upcoming 618 Shopping Festival, Chinese e-commerce giant Taobao has set up a special metaverse project team to create an optimized virtual shopping venue.
At a press conference held by the Ministry of Commerce on Thursday, the spokesman introduced the current consumption numbers and highlighted the sales of the online Lunar New Year's Shopping Festival in 2022.
According to data released Friday by Chinese tech giant Alibaba, the total transaction volume on its e-commerce plaform Tmall during the 'Double 11' shopping festival was 540.3 billion yuan ($84.448 billion), hitting a new high.
On Thursday, Baidu's App released data concerning trending topics during the current 2021 Double Eleven Shopping Festival.
Chinese e-commerce platform JD.com released consumption data for the popular 'Double Eleven' shopping festival on Wednesday night.
Alibaba’s annual ‘Double 11’ promotional period centered around November 11 is the undisputed king of e-commerce shopping festivals.
Chinese e-commerce platform JD.com launched its Double Eleven Shopping Festival at 8:00 p.m. last night. The turnover of smartphone brands Xiaomi, OPPO, Realme, Huawei, Honor, iQOO and Vivo increased by over 300% year-on-year.
The year 2021 marks the 13th year for the 11.11 Shopping Festival, with sustainability and inclusiveness as its major themes.
Compared to the grand scale of the Double 11 shopping festival, Double 12, which took place on Dec. 12, appeared to be more low-key without ubiquitous campaigns and great discounts.
Chinese e-commerce giant Alibaba’s Xunxi digital factory has participated in the annual Double 11 shopping festival for the first time.
Chinese e-commerce giant Alibaba Group Holding Ltd. kicked off its Double 11 Global Shopping Festival on Tuesday.
Alibaba’s B2C e-commerce platform Tmall has kicked off its mid-year shopping festival at midnight on June 1.
Alibaba Group kicked off its 2019 11.11 Global Shopping Festival, taking the annual celebration into its second decade with a focus on “new consumption,” “new business” and contributing to a greener society.
In Episode 29 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about China’s version of “Black Friday,” the biggest ecommerce shopping festival of the year which Alibaba invented out of thin air in 2008 and now falls yearly on November 11.