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Singles’ Day brings record sales and packaging waste

By France24
11 November 2019   |   1:19 pm
Singles' Day brings record sales and packaging waste

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Chinese e-commerce giant Alibaba says sales topped $1.51 billion in just over three minutes from the opening of Singles’ Day, an annual online discount sales gala that has become the world’s biggest shopping spree.
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Singles' Day brings record sales and packaging waste
11 Nov 2020
E-commerce giant Alibaba's robotic logistics network, inaugurated in 2018, with claims of being the China's largest robot intelligent warehouse, has some 1000 robots sorting delivery packages ahead of the annual Singles Day, the world's biggest shopping day. Singles' Day, also called "11.11" for the November 11 date, was originally set as an unofficial day for unmarried Chinese. But Alibaba -- which accounts for more than half of China's e-commerce -- commandeered it as a discount sales event akin to the late-November US "Black Friday", which "Singles' Day" now handily surpasses.
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The online retail event known as Singles' Day has seen record-breaking sales, worth over €47 billion, on sites owned by China's Alibaba. The spending spree comes as Alibaba and other Chinese tech firms face new regulations from Beijing, designed to prevent unfair competition in the sector. Also, we look at the legal challenge being mounted by TikTok in the United States against executive orders forcing a restructuring of its ownership. A deal agreed with Oracle and Walmart is still awaiting approval from the US government.
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A supermarket in Hungary has brought smiles to faces and romantic opportunities to shoppers by providing shopping baskets for "Singles" in time for Valentine's Day on Sunday. Shoppers entering the Auchan store in Csomor, east of Budapest, can choose a blue or pink basket with a "Single Seeking Mate" sign. A sign above the stack of baskets reads: "Are you single? Use the singles baskets, so you can meet 'the one' in your favourite store".
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