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Spenders or thrifters: As Singles" Day nears, are China"s shoppers about to drop?

China is gearing up for the biggest shopping event of the year on Sunday, a day dominated by e-commerce giant Alibaba Group Holding Ltd which saw $25 billion worth of goods sold on its platforms alone in the 24-hour period last year......»»

Category: topSource: reutersNov 9th, 2018

China"s annual Singles Day shopping frenzy shatters records again

Online shoppers in China have shattered l.....»»

Category: topSource: latimesNov 12th, 2018

Wall Street drops on trade worries, S&P nears correction

U.S. stocks fell on Monday in a volatile session, with the S&P 500 ending just shy of confirming its second correction of 2018, hurt by fresh worries of an escalation of U.S.-China trade tensions and a sharp drop in big tech and Internet names......»»

Category: topSource: reutersOct 29th, 2018

"Core" Retail Sales Growth Slowest In 6 Months

Following China's gravely disappointing retail sales growth (as shadow banking credit contracts), US retail sales growth spiked 0.8% MoM (after a revised 0.1% drop in September) However, core r.....»»

Category: blogSource: zerohedgeNov 15th, 2018

China"s stay-at-home shoppers propel luxury sales: Bain

Luxury brands will increasingly have to court Chinese shoppers on their home turf, as local purchases soar among a clientele who are forecast to generate nearly half the industry's sales by 2025, a study showed on Thursday......»»

Category: topSource: reutersNov 15th, 2018

China Inc"s stress: Funding woes, shrinking profits and a trade war

China Inc's profit growth has fallen sharply while debt levels have recorded a rare drop, a Reuters analysis of earnings data shows - signs of strain brought on by Beijing's crackdown on leverage as well as a trade war with the United States......»»

Category: topSource: moneycentralNov 14th, 2018

Alibaba Group Holding Limited (NYSE:BABA) reported a record $30.8 billion for Singles Day

Alibaba Group Holding Limited (NYSE:BABA) reported a record $30.8 billion for Singles Day Less than three weeks before American retailers and shoppers kick of the massive Black Friday holiday sales event, Alibaba Group Holding Ltd (NYSE: BABA).....»»

Category: topSource: livetradingnewsNov 14th, 2018

Dow falls as attempt to bounce back from 600-point drop fails

The Dow Jones Industrial Average opened lower on Tuesday as shares of Home Depot rolled over, offsetting reports of renewed trade talks between the U.S. and China......»»

Category: topSource: moneycentralNov 13th, 2018

Dow falls as attempt to bounce back from 600-point drop fails

The Dow Jones Industrial Average opened lower on Tuesday as shares of Home Depot rolled over, offsetting reports of renewed trade talks between the U.S. and China......»»

Category: topSource: moneycentralNov 13th, 2018

5 challenges facing Palantir as it nears a possible IPO

As Palantir Technologies Inc. gets ready to go public next year, it's started to drop some of the secrecy that has marked much of the 14 years since it was founded by Peter Thiel and other PayPal alumni. In a long profile posted Monday, the Wall .....»»

Category: topSource: bizjournalsNov 12th, 2018

China"s annual shopping frenzy shatters records again

Online shoppers in China have shattered last year's record of $24 billion in sales on the country's annual buying frenzy Sunday, as the tradition marked its 10th year......»»

Category: topSource: moneycentralNov 11th, 2018

China"s annual shopping frenzy shatters records again

Online shoppers in China have shattered last year's record of $24 billion in sales on the country's annual buying frenzy Sunday, as the tradition marked its 10th year......»»

Category: topSource: moneycentralNov 11th, 2018

Alibaba Holiday Sales Hit $24 Billion In One Day

China e-commerce company has its own holiday much the way that Amazon.com (NASDAQ: AMZN) does. Alibaba’s is called “National Singles Say”. Sales for the holiday crossed $24 billion........»»

Category: blogSource: 247wallstNov 11th, 2018

China's annual shopping frenzy shatters records again - Minneapolis Star Tribune

China's annual shopping frenzy shatters records againMinneapolis Star TribuneSHANGHAI — Online shoppers.....»»

Category: topSource: googlenewsNov 11th, 2018

China"s annual shopping frenzy shatters another record

Shoppers in China have once again broken records after spending more than $14 billion within the first two hours of an annual online buying frenzy......»»

Category: topSource: foxnewsNov 10th, 2018

Slump in oil prices and China data weighs on stocks

Stocks around the globe suffered their biggest drop in two weeks on Friday as weak Chinese economic data sapped demand for equities while oil prices weakened again on Friday......»»

Category: topSource: reutersNov 9th, 2018

Oil price fall, China data weighs on stocks

Stocks around the globe were closing in on their biggest drop in two weeks as soft Chinese data hit demand for risky assets while oil prices weakened again on Friday......»»

Category: topSource: reutersNov 9th, 2018

How Alibaba Made Singles’ Day the World’s Largest Shopping Festival

Black Friday doesn't even come close. Valentine's Day can be a lonely time if you don't have a partner. But, at least in China, there's a holiday that celebrates singledom too. Aptly named Singles' Day, the unofficia.....»»

Category: europeSource: fortuneNov 9th, 2018

Oil price fall, China data hit stocks

Global stocks were on pace for their biggest drop in two weeks while oil prices weakened again on Friday and soft Chinese data hit demand for risky assets......»»

Category: topSource: reutersNov 9th, 2018

Global markets: stocks take fright on U.S. and China concerns

Global stocks were heading for their biggest drop in two weeks as a confident U.S. central bank and weak Chinese data hit demand for risky assets. David Pollard reports......»»

Category: videoSource: reutersNov 9th, 2018

China concerns, U.S. rate view send stocks lower

Global stocks are on track for their biggest drop in two weeks while oil prices held near six-month lows on Friday as a confident U.S. central bank and weak Chinese data hit demand for risky assets......»»

Category: topSource: reutersNov 9th, 2018