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Alibaba And The 11/11 Sales

Alibaba And The 11/11 Sales

Morning Brief

November 12, 20207m 45s

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Show Notes

This year, Alibaba pulled in a whopping $74 billion from its Singles Day sales, doubling its previous record. Could this be an indication of how much Chinese consumer spending has recovered? We speak to Catherine Lim, Asia Senior Consumer Analyst at Bloomberg Intelligence.

Image Credit: Christopher Penler / Shutterstock

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Topics

Consumer Goods/ServicesGovernment/Regulatory/Policy MakingInternete-Businesse-commerceMediaMarketingAdvertisingTelecomITTechnologyEconomyMarketsTechnology newsreviewsPoliticsNewsCurrent Affairs11/11singles daysalesalibabachina