Alibaba just wrapped up its massive, 24-hour shopping event Singles Day on Monday, earning more than $38.3 billion in total and soaring past comparable US shopping events like Amazon Prime Day, Black Friday, and Cyber Monday. Other companies are launching deals that appear to be capitalizing on China's biggest shopping holiday of the year. Nike, J.Crew, Coach, Uniqlo, Old Navy, and others all launched sales on Monday — or 11/11 — that seem to be referencing Alibaba's big shopping event.
Alibaba just wrapped up its massive, 24-hour shopping event Singles Day on Monday, earning more than $38.3 billion in total and soaring past comparable US shopping events like Amazon Prime Day, Black Friday, and Cyber Monday. Other companies are launching deals that appear to be capitalizing on China's biggest shopping holiday of the year. Nike, J.Crew, Coach, Uniqlo, Old Navy, and others all launched sales on Monday — or 11/11 — that seem to be referencing Alibaba's big shopping event.
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