Each year Alibaba breaks a new record on Singles Day, the 24-hour online shopping extravaganza that has now become an annual event. This year was no exception. With sales of RMB 91.2 billion ($14.3 billion), Alibaba surpassed last year’s (also record) sales by a whopping 60%. What started as China’s equivalent of Cyber Monday, Singles Day has become bigger than both Cyber Monday and Black Friday combined.
In this edition of China Data, we bring you the lowdown on Alibaba’s Singles Day numbers, Vanke’s moves in the UK real estate market, Baidu’s interest in the online travel market, and other important bits of data from China. Please click on the infographic to enlarge it.
Enjoying what you’re reading?
CKGSB Report
Our Programs
The Biotech Innovation Program
Global Unicorn Program Series
This program equips CEOs and founders in the life sciences and biotechnology industry with the essential knowledge and connections needed to thrive in this rapidly evolving sector.
LocationUniversity of California, San Diego, USA
DateSeptember 9-13, 2024
LanguageEnglish
CKGSB-ESCP Global Unicorn Program in Luxury & Tech
Global Unicorn Program Series
Delivered collaboratively by ESCP and CKGSB, this immersive program is tailored for visionary global leaders seeking to navigate the intersection of luxury and technology.
LocationESCP Montparnasse Campus, Paris
DateSeptember 23-26, 2024
LanguageEnglish
Global Unicorn Program: Scaling for Success in the Age of AI
Global Unicorn Program Series
In collaboration with the Stanford Center for Professional Development (SCPD), this CKGSB program equips entrepreneurs, intrapreneurs and key stakeholders with the tools, insights, and skills necessary to lead a new generation of unicorn companies.
LocationStanford University Campus, California, United States
DateDec 09 - 13, 2024
LanguageEnglish
Emerging Tech Management Week: Silicon Valley
This program offers insights into emerging technology developments and the skills required to innovate, grow, and transform your business strategy.
LocationUniversity of California, Berkeley, USA
DateNovember 3-8, 2024
LanguageEnglish
New Energy and the Disruption of Traditional Industries
Global Unicorn Program Series
The Global Unicorn Program in New Energy and the Disruption of Traditional Industries – presented jointly by CKGSB and University of Sydney – will emphasize Australia’s distinctive contributions.
LocationSydney, Australia
DateFebruary 11-14, 2025
LanguageEnglish
Frontiers in Digital Innovation: AI, Future of Tech & Data Science
Global Unicorn Program Series
This program offers you the opportunity to master AI algorithms and data analytics, navigate future technology landscapes, and embrace cross-cultural perspectives.
LocationNew York, USA
DateJune 23-27, 2025
LanguageEnglish
