Tag: singles day

BUSINESS

China’s Singles Day Breeds Billions

China’s annual Singles’ Day or Double 11, called Bachelors’ Day initially, is a Chinese unofficial holiday and shopping season, which takes place every year at this time — 11/11. The one-day shopping extravaganza regularly rakes in billions of dollars for Alibaba (BABA) and other e-commerce and retail companies in China on an annual basis, and this year was no exception. […]