China's Singles Day sales slow as consumers cut spending. China's Singles Day shopping festival, once known for record-breaking sales, has lost momentum this year as economic uncertainty forces consumers to tighten their purse strings, despite retailers extending promotions to five weeks and pouring billions into subsidies. #ChinaEconomy #SinglesDay #Alibaba #JDcom #Ecommerce #ConsumerConfidence #RetailTrends #Spending #Inflation #ChinaNew https://www.perplexity.ai/...
China's 'Singles' Day' shopping festival a gauge of Beijing's effort to get consumers to spend more - ABC News
China's largest online sales festival, dubbed Singles' Day, is getting longer as retailers try to entice frugal shoppers to spend more
https://abcnews.go.com/Business/wireStory/chinas-singles-day-shopping-festival-gauge-beijings-effort-127401013
20 days ago
