Singles' Day
Singles Day shoppers expect to spend more across categories in 2021 with cosmetics and personal care set to shine. During their October 20 livestream session the power duo sold 31 billion 20 billion yuan in GMV nearly 10 percent of the entire 2020 Singles Day event.
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Alibabas Singles Day has officially been launched and the big winners are Viya and Li Jiaqi aka Austin Li two of Chinas most famous livestreamers.
Singles' Day. Overall many Singles Day shoppers say they still strongly prefer brands that are familiar more than 70 of respondents and those that are value oriented 60. Over recent years. However competition for share of wallet has long been intensifying on Singles Day.
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