China's "Singles Day" Is the World's Biggest Online Shopping Blitz
hackingbear writes "While the Cyber Monday after Thanksgiving is the busiest online shopping day in the U.S., it pales in comparison to China's Singles' Day on November 11, which started out in the 1990s as a protest to Valentine's Day. Sales on Singles' Day last year for Alibaba Group, China's biggest e-retailer, totaled more than $3.1 billion, doubling the $1.5 billion spent by U.S. consumers on Cyber Monday in 2012. This year, Alibaba's two ecommerce sites, Tmall and Taobao Marketplace, are expecting sales of at least $4.9 billion."
As a Canadian, I want to prepare for my online shopping discounts, but I can never remember when it is...
in 2013 the communists beat the US at consuming useless crap.
this picture is like someone wishing a good day to your penis.
China's Single's Day on November 11, which started out in the 1990s as a protest to Valentine's Day.
Considering the fact that Valentine's day is a Hallmark holiday to get people to buy trinkets, how is setting up another Hallmark holiday to get people to buy even more trinkets a protest?
appealing to single people with discounts and goods in order to stay single year by year is pretty damned efficient use of psychology rather than blunt opression.
Marx would be turning over in his grave!!!
Amazon is terrified of Alibaba's possible expansion into the US market. Alibaba is so much larger and can get better deals from the factories in China which Amazon doesn't have much hope of competing with. Online purchases are very price competitive with ppl shopping around for best deals, and Alibaba has a huge market advantage over their US-based rival, not to mention just sheer size.
In the end it's a win for consumers to have more competition in the online retail segment.
...China's biggest e-retailer, totaled more than $3.1 billion, doubling the $1.5 billion spent by U.S. consumers on Cyber Monday in 2012.
How many people live in China? How many people live in the US?
.
A more valid comparison would be the amount of money spent per person, that removes the bias of large-populations.
Interesting to see the term used here of all places.
Remember when that term was rolled out in 2005 and we laughed? It was a bad marketing term (I mean cyber-anything went out in the 90's) for an obviously-concocted day. The Monday after Thanksgiving was not the busiest online shopping day of the year at the time. http://slashdot.org/story/05/11/29/135240/cyber-monday-doesnt-exist
And here we are, a few years later....
Just saying ...
"Started out as a protest agains Valentines Day"
Nice try every business owner ever...
I googled it:
Thursday, November 28
Thanksgiving Day 2013
What googling doesn't tell me is that Thanksgiving falls on the fourth Thursday of the eleventh month every year. That's the kind of "answering the question" that only a human can really understand and deliver upon.
So this is a good example of:
"Give a man a fish and he'll eat for a night... teach him how to catch the fish and he'll eat forever."
Though when I'm left with the bad taste of a rude and uncuth dickhead pissing in my entertainment stream I'm more drawn to:
"Build a man a fire and he'll be warm for a night... Set a man on fire and he'll be warm for the rest of his life"
Got it right in the write-up, but wrong wrong wrong in the headline.
"Singles Day". A day celebrating the fact that there are too many single men in China because, far too often, they kill their female babies.
Kind of reminds me of Calvin and Hobbs Opposite Day.
One of the things that has always bothered me is that citizens and politicians say our nation values peace but the only sorts of major awards we give out are to soldiers and we have several days honoring soldiers.
No awards and no days for war protesters, apparently because we value peace so much.
With so many single Chinese men it's almost like they don't have enough women to go around. I wonder why that could be...
The world's real economic giant is restless, and will soon be awake! Now, remember all that bullshit you were saying?
Cyber Monday and Black Friday are driven by people buying Christmas gifts. I can see party supplies being purchased for Singles Day those don't seem like big enough purchases nor are they likely to be purchased online. Or is it completely arbitrary and just an excuse for enough shops to have big sales and enough people are willing to make unrelated purchases on that day if they can get a good deal?
Celebrate your celibacy, because there's too many of us already!
Either that or it was made-up by a Chinese sex toy company.
Get free satoshi (Bitcoin) and Dogecoins
And the regimes they praised turned out to be far more brutal than the ones we were backing.
See also: North Korea, Cambodia, Vietnam, Iraq...
It's already Singles Day (or night really). Everyone else feels obligated to be someplace else.
It also has the air of desperation that exists for singles at a wedding.