Oct 29, 2020
It's Halloween Week!
Singles' Day, the online shopping extravaganza hosted by Alibaba Group Holding Ltd. every Nov. 11, raked in over $20 billion by half-past six in the morning.
China's Singles' Day on
November 11th, is the single-biggest shopping
holiday in the world. ... Singles'
Day is bigger than Black Friday
and Cyber Monday combined. The 24-hour shopping event has also far
surpassed Amazon's Prime Day.
Singles Day or 11.11, is the biggest shopping day of the year for singles, as Chinese e-commerce players led by Alibaba offer massive discounts on everything from electronics to cars. Singles Day is widely believed to have started in the 1990s by men celebrating being single in universities.
We learn something new every day!