久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

China's Singles Day shopping spree injects impetus into global economy

Xinhua | Updated: 2020-11-12 17:28
Share
Share - WeChat
Members of the media attend the Alibaba Group's 11.11 Singles Day global shopping festival at a media center in Hangzhou, Zhejiang province, November 10, 2020. [Photo/Agencies]

BEIJING -- With its record-breaking sales revenues, China's Singles Day shopping festival this year has injected fresh impetus into world economy following the COVID-19 pandemic.

E-commerce giant JD.com recorded a revenue of over 243.1 billion yuan (about $35.76 billion) between Nov 1 and 2:26 pm of Nov 11, while sales on Alibaba's e-commerce platform Tmall exceeded 498.2 billion yuan (about $74.73 billion) by the end of Nov 11, up 26 percent year-on-year.

This year's shopping event has attracted more than 800 million shoppers and 250,000 brands, according to Tmall, including 25,000 overseas businesses from more than 220 countries and regions.

"With overseas purchases hampered by the pandemic, the Singles Day shopping (event) has offered an optimal opportunity for Chinese consumers to buy overseas products, and may significantly boost sales for global brands and merchants," said Weng Yi, a researcher with Chinese think tank the Cathay Institute for Public Affairs.

After suffering huge sales dips from the COVID-19 pandemic, many South Korean cosmetics companies considered Singles Day as a great opportunity to bounce back, according to Digital Times, a South Korean media outlet.

Sulwhasoo, a subsidiary of cosmetics giant Amorepacific, exceeded 100 million yuan ($15 million) in sales in just three minutes after the start of its pre-sale event.

Connecting China and the rest of the world, the Chinese e-commerce and online shopping festival might be the future of digital innovation, said Karolina Kulach, a British market analyst.

An increasing number of British brands, including tea chain Whittard of Chelsea and grocer and clothing retailer Marks and Spencer, are entering the Chinese market by opening online shops, said the market analyst.

Singles Day embraced some changes to operate in the "new normal," said Sanae Uragami, a Japanese financial writer and part-time MBA teacher at Hosei University, noting that the new form of livestreaming e-commerce "brings new vitality to online promotion."

According to an estimate by US retail and tech consultancy Coresight Research, livestreaming sales in China will bring in about $125 billion this year, compared with $63 billion the previous year.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: vr18成人资源 | 欧美三级香港三级日本三级 | 日本理论片免费高清影视在线观看 | 欧美日韩国产亚洲一区二区三区 | 国产精品秒播无毒不卡 | 日韩在线播放视频 | 亚洲毛片免费视频 | 日本三级在线观看中文字 | 国产欧美日韩综合精品一区二区 | 美国全免费特一级毛片 | 天天看有黄有色大片 | 一级毛片真人免费观看 | 国产东北色老头老太性视频 | 国产人做人爱视频精品 | 欧美最刺激好看的一级毛片 | 免费又黄又爽视频 | 欧美视频一区二区三区在线观看 | 经典三级在线视频 | 亚洲男女网站 | 在线中文字幕日韩 | 亚洲天堂视频在线免费观看 | 亚洲综合一区二区不卡 | 草草在线观看视频 | 特黄特色三级在线播放 | 国产日韩欧美一区二区三区在线 | 日本www在线视频 | 精品国产自在在线在线观看 | 欧美全免费aaaaaa特黄在线 | 日韩欧美在线看 | 中国嫩模一级毛片 | 成人在线视频免费看 | 欧美日本在线三级视频 | 99久久国产综合精品成人影院 | aa大片成人免费网站 | 欧美日本免费观看αv片 | 欧美成人三级视频 | 大臿蕉香蕉大视频成人 | 日韩三级黄色 | 国产精品久久免费 | 国产高清免费影视在线观看 | 国产短视频精品一区二区三区 |