As Alibaba Group wraps up the world's biggest online shopping festival on Friday, the operative word seems to be flat - potentially flat sales and flat in tone with the Chinese e-commerce giant not even holding its usual gala show.
wraps up the world's biggest online shopping festival on Friday, the operative word seems to be flat - potentially flat sales and flat in tone with the Chinese e-commerce giant not even holding its usual gala show.
While Alibaba has said its Tmall marketplace would offer more than 17 million products, 3 million more than last year and that a record-matching 290,000 brands are participating, the festival is set to have its weakest sales growth ever. "While promotional campaigns have kicked off with decent buzz on consumer demand over the past week, we are cautious; spending sentiment is likely to remain soft," Citi's Alicia Yap wrote, citing disruptions to economic activity due to COVID curbs and rising job insecurity.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Pro-NYC Mayor Adams Group Donated to GOP Zeldin on Election Day EveA pro-New York City Mayor Eric Adams group donated $10,000 to Republican gubernatorial nominee Lee Zeldin on the eve of Election Day.
Les mer »
A day after Election Day, here's where things standElection season is now in its post-Election Day phase, with control of the House and Senate uncertain. Here's what we know — and don't know — about some key races.
Les mer »
The Day After Election Day | The Brian Lehrer Show | WNYCComing off Tuesday's election, the biggest winner on the Republican side was Florida Gov. Ron DeSantis, who secured re-election by 20 points and earned himself a New York Post cover with the headline, 'DeFuture.'
Les mer »
Big day for California Democrats running statewide; bad day for big-money ballot measuresCalifornia Democrats, including Gov. Gavin Newsom, won big in statewide races, but big-money propositions tanked.
Les mer »
A list of discounts, freebies for veterans, active-duty military on Veterans DayTo mark Veterans Day, restaurant chains, stores and businesses in the San Antonio area are offering freebies, deals and discounts for veterans and active-duty military members.
Les mer »
‘Love Is Blind’ Season 3: Where the couples and singles are nowBartise, Nancy, Cole, Zanab and more reveal where their relationships with the people they formed bonds with in the pods stand now, post-wedding day.
Les mer »