Tag: Singles Day
Alibaba’s Singles’ Day sales for 2022 stagnate at $84B
Image: Alibaba Alibaba’s sales for Singles Day reached $84 billion, which is in line with last year’s sales, according to Tradingplatforms.com. The slowing global economy, rising inflation, and Covid-19 lockdowns have been blamed for the sales stagnation. This is the first time in Alibaba’s history that Singles' Day sales have not…
Tech Digest daily roundup: Twitter Blue Tick move backfires
Twitter's new verification model appears to have backfired after a number of distasteful posts from the seemingly official accounts of famous figures. Previously, the blue tick symbol was reserved for accounts Twitter had vetted and determined to be genuine. But following his takeover, Elon Musk announced that anyone would be able to purchase a tick for…
Black Friday sees 300% rise in malware attacks
In the first two weeks of November, all cyber-attacks grew by 10% and malware attacks spiked by 300% on Black Friday this year, shows Capture Labs data and a recent study by the cybersecurity company Surfshark. Numbers returned to normal November levels on Cyber Monday. The number of websites attacked 50 times a day by…
Tech Digest daily roundup: Singles Day fails to hit double-digit growth
Chinese e-commerce giant Alibaba's Singles Day is known for being the world's biggest online shopping extravaganza. But this year it has been a more toned down affair as Beijing cracks down on businesses and economic growth slows. Sales for the 11-day event rose at their slowest rate since it was launched in 2009, up 8.5%…
Alibaba’s $30 billion Singles Day helps power UK brands including Dyson, Jaguar Land Rover
Forget Black Friday. Alibaba's Singles’ Day is the biggest online sales day and this year it helped power UK brands as sales topped $30 billion. The Chinese e-commerce giant Alibaba’s Singles’ Day sales soared to £23.81 billion ($30bn) last Sunday (November 11th). And the international delivery company ParcelHero says the strong demand for quality products means…
