Opinions expressed by Forbes Contributors are their own. I am the CIO of KraneShares, a China-focused ETF provider. Asian equities were mixed but mostly higher overnight as Japan and South Korea ...

China's largest online shopping bonanza ... Alibaba, like its main rival JD.com, withheld sales figures on the Singles Day period for the first time ever in 2022, saying instead that sales were ...

China.com reported that the State Post Bureau handled 701mm parcels on Singles Day, which is a 151% increase from the usual daily average and +9.7% year over year (YoY) : Total Singles Day sales ...

Singles' Day literally translates to "Bare Sticks ... opt the unofficial holiday in an attempt to drum up more online sales. In China, spikes in shopping sales were common in late September ...

In contrast, Apple's main rival in China, Huawei Technologies, recorded a 7% sales growth, fueled by price cuts on its Pura 70 and Mate 60 models. Xiaomi's sales volume fell 6% year-on-year.

It's all happening during an unofficial Chinese holiday called “Singles' Day.” Follow Tech Insider: On Facebook More from Tech $14 billion. That’s how much Alibaba, the Chinese e-commerce ...

HONG KONG--China’s biggest online ... their focus this year away from massive sales growth and high-profile marketing campaigns. “The Singles’ Day market is more mature now and it’s ...

“There are fewer customers than before,” he said, adding that his sales ... Singles’ Day is sort of over,” said Shaun Rein, founder and managing director of Shanghai-based China Market ...

Alibaba Singles’ Day Sale has crossed last year's record to ... Within just 10 hours of the sale (which began at midnight in China local time), Alibaba had made $30.8 billion Gross merchandise ...

China's annual Singles Day shopping festival has again seen Apple's iPhone sales decline year over year. Shoppers in China can get a deal on the iPhone 16 ahead of Singles Day, as Apple's ...

Singles Day in China is the world’s largest annual shopping extravaganza. Its creator, the e-commerce giant Alibaba, is now exporting the event to the rest of the world as part of its push to ...