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Daily Archives: November 28, 2023

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China’s annual e-tail frenzy broke records – trust us, say government, Alibaba and JD.com 

Industry newsBy Nectar FRANCIANovember 28, 2023

Alibaba and JD.com have forged a new holiday tradition by discussing anything but the revenue generated by the nation’s annual 11.11 “Singles’ day” e-tail frenzy. November 11 has long been an unofficial and slightly ironic holiday in China, as the day celebrates single life – in contrast to the many other Chinese festivals that emphasize…

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