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Xiaomi Rakes in Record-Breaking $3 11 Billion on Singles Day Sale

Chinese smartphone and consumer electronics maker Xiaomi announced record sales across all channels on Singles Day, November 11.

Alibaba, JD com fail to inspire in discount-led Singles Day shopping gala

ANN/THE STRAITS TIMES – Alibaba Group and JD.com reported sales increases during China’s most important shopping festival, yet likely lagged newer entrants from social media platforms like ByteDance’s Douyin during a muted year for consumer spending. Analysts hunted for clues after China’s two e-commerce leaders again failed to disclose overall revenue numbers during Singles’ Day, […]

china: China removes anonymity of bloggers accounts with more than 500,000 followers

Messaging and payment app WeChat, microblogging platform Weibo, Douyin, China s version of Tik Tok, search engine giant Baidu, social ecommerce app Xiaohongshu, video sharing website Bilibili, among others, published separate statements regarding the same.

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