Have you heard of “Single Day”? What do you know about it? Also, if you like shopping very much like we do, you should really know that Black Friday, Cyber Monday, or Amazon Prime Day aren’t the biggest shopping day(s) of the year… the “Single Day”, which is November 11 every year, is.
What’s Single Day?
“Single Day” started as an “anti-Valentine’s day” back in 1990s in China since … lots of single people wanted to have a day to celebrate like couples had Valentine’s day to celebrate. The wide belief is that it started in 1993 at Nanjing University, where some students came together to think of an initiative to celebrate singledom and chose November 11 as their national day (you can know more from whatsonweibo)
Note: Definitely head to whatsoneweibo to read more since there are lots of interesting facts there for the "Single Day".
Single Day is the Biggest Online Shopping Day Worldwide
Also, it’s Alibaba or Aliexpress day. If you don’t know alibaba or aliexpress, you really aren’t into online shopping that much.
Alibaba Group Holding Limited (Chinese: 阿里巴巴集团控股有限公司; pinyin: Ālǐbābā Jítuán Kònggǔ Yǒuxiàn Gōngsī) is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals. It also provides electronic payment services, a shopping search engine and data-centric cloud computing services.
In a simple plain English, Alibaba is like Amazon.com but much bigger and having a much wider global reach in an wholesale industry.
Launched in 2010, AliExpress.com is an online retail service made up of small businesses in China and elsewhere offering products to international online buyers. It is owned by Alibaba.
Again, in a plain English Aliexpress is a subseet of Alibaba. It's not in wholesale but online retail rather. Everyone can buy any one single item in a wholesale (almost) price at Aliexpress.com.
The products you often find on Amazon costing you about 10 to 15 bucks are often from Aliexpress or Alibaba for the unit price of 1 or 2 bucks or even less.
Sales Number Keeps Climbing UP & UP & UP
This festival has become the largest online shopping day in the world, with sales in Alibaba’s sites Tmall and Taobao at US$5.8 billion in 2013, US$9.3 billion in 2014, US$14.3 billion in 2015 and over US$17.8 billion in 2016.
That’s right… it’s $17.8 billion USD in a single day. So… what’s that like compared with our biggest shopping days of the year in the US? Take a look at the following charts and … you will get the idea of how huge the single day festival is … not only in China but worldwide in fact.
It’s almost there… November 11, 2017 is just 3 days away … OH… NO… it’s “2 DAYS AWAY” since China is about 11 to 14 hours ahead of us depending on where you live in the US. So… just set your clock, get ready, and go online to alibaba.com or aliexpress.com to look for some interesting and affordable stuff to indulge yourself this year 🙂