Early 2018 holiday shopping breaks peak season records

Following on the heels of China’s 11.11 shopping holiday, numbers are out for Black Friday and Cyber Monday. American shoppers kicked off the start of the shopping season in the United States, spending US$24.2 billion shopping online — 23 percent more than what they spent over the same five days in 2017. American consumers spent […]

China’s ‘11.11’ event called the biggest shopping day of all time

Yesterday, Alibaba’s busiest shopping event of the year, “11.11,” – formerly knowns as Singles’ Day – made history in both revenues and order volume as the biggest shopping event of all time, according to tallies by its logistics network, Cainiao. The promotion raked in US$30.8 billion in gross merchandise volume (GMV) – a 27 percent […]

Cainiao prepares for global 11.11 event with charter flights, new technology

Cainiao, the logistics unit of Chinese e-commerce giant Alibaba is preparing to go global for the biggest online shopping event of the year, “11.11” which falls on Nov. 11. In preparation for an influx of orders from international customers Cainiao says it positioned 1,000 ocean containers full of goods in international markets and will charter […]

China’s 11.11 volumes for Alibaba, JD.com continue to surge

Once an obscure “Day” pioneered by e-commerce giant Alibaba, and named for unmarried people in China (Singles Day), 11 November rapidly became the biggest shopping day in the world. Nowadays, it has become more of a shopping season, with e-commerce platforms and their merchants now collecting “11.11” orders even before Nov. 11, and waiting until […]

JD.com readies drones, data, crowdsourcing apps for Singles Day surge

The e-commerce event known as “Singles Day” in China has broken commercial records ever since online retailers in the world’s largest e-commerce market started selling retail therapy to the country’s single – and eventually partnered – population. Last year, Alibaba sold more than US$1 billion worth of goods in the first five minutes of sales. […]

Give thanks, and shop

It's Thanksgiving Day in the United States, and as usual, distant relatives will convene at dinner tables across the country to discuss not only what they are thankful for, but also their Black Friday and Cyber Monday shopping strategies. But this year, despite the air freight industry’s arduous efforts to ensure it is equipped to […]

Can’t buy me love? China’s ‘Singles Day’ misses target by $2.2 billion

China’s biggest online shopping day – the now-famous “Singles Day” (11/11) that has become the Chinese equivalent of “Black Friday” in the United States – began setting records right away, with Alibaba selling more than US$1 billion in the first five minutes and $7.2 billion in the first two hours of shopping. The online retail […]

Will e-commerce sink forwarders? Not a chance, Polar’s Krepp says [VIDEO]

HONG KONG — To be sure, $14.3 billion of sales through Alibaba in one day deserves notice. Indeed, Alibaba’s sales on last week’s Singles’ Day in China, which is now to the Middle Kingdom what Black Friday is to America, has air freight executives here wondering about whether e-commerce, and by extension express, will do in […]

Alibaba doubles down on ‘Double 11 Day’ preparations

On Wednesday this week, many countries of the world will pause to reflect on the sacrifices of their military veterans. But November 11 – known to many nations as Veteran’s Day, Armistice Day or Remembrance Day – takes on another, less somber, much more lucrative meaning in China: Singles Day, when young, unmarried people go […]