Singles Day Sales reach US$14.3B

CHINESE Internet users yesterday spent more than 91 billion yuan (US$14.3 billion) in the planet’s biggest online shopping splurge yesterday, as “Singles Day” hit new heights, despite slowing growth in ...

November 12, 2015, Thursday

Sales event sees baby milk dry up in Australia

AN Australian company has apologized to mothers after its premium organic baby milk formula flew off supermarket shelves ahead of China’s Singles Day buying frenzy yesterday. Consumers spent US$9 billion ...

November 12, 2015, Thursday

China’s home sales climb slowly

CHINA’S housing market grew by a slightly slower pace in the first 10 months of this year, data released yesterday by the National Bureau of Statistics showed. From January to October, sales of new homes, ...

Cherry Cao | November 12, 2015, Thursday

1st minute sales rocket 10 times

TRANSACTIONS in the first minute on Singles Day topped 1 billion yuan (US$157 million) today, tenfold last year’s 100 million yuan, as increasing number of consumers sought discounted items. “The creation ...

Ding Yining | November 11, 2015, Wednesday

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