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11/11/2014

Topic Reading-Vol.944-11/11/2014

Dear MEL School’s Topic Readers,
Record 'Singles Day' online sales expected on 11/11/11 in China
Can online shopping be therapy for singles? It seems so in China especially when annual deep cut promotions are offered by online retailers and market places.
The idea of Singles Day was originally brought in by Alibaba in 2008 to encourage people without partners to comfort themselves with shopping therapy. Now, many online shoppers tend to wait to buy thing online until the day and look for special offers eagerly with their extended budget. This in turn means that online retailers must be well prepared for the day that could make or break the future of their business. It sounds like a good day for shoppers but critical day for online retailers, doesn’t it?
Enjoy reading and learning about China’s Singles Day shopping spree.


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