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China's Singles Day sales could top 1 trillion yuan even as the economy cools

Por: CNN Business November 11, 2022

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Hong Kong CNN Business  —  China’s Singles Day, the world’s , is known for regularly smashing sales records. This year’s bonanza, which wraps up on Friday and is led by internet titans Alibaba and JD.com , will likely be no exception: Analysts expect it to rack up 1 trillion yuan ($140.8 billion) in sales for the first time. Singles Day two of the world’s most popular sales events — Black Friday and Cyber Monday — combined. The... + full article



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