While back home we honored the men and women who so bravely serve and have served, here in China, November 11 marks Singles' Day (cue Sasha Fierce). Yes, it's in response to Valentine's Day, but more importantly, it's the biggest online shopping day of the year IN THE WORLD.
Cyber Monday has nothing on Singles' Day. According to Bloomberg, last year's sales on Singles' Day for the Alibaba Group, China's biggest e-retailer, totaled more than $3 billion, which more than doubled the amount spent by U.S. consumers on Cyber Monday in 2012. This year, the average person will spend almost $300, and sales are expected to surge to $5 billion. Insane, right?
Within the first hour of Alibaba's 2013 shopping event, Chinese consumers had spent nearly $1 billion. Four more to go...
i recently found your blog… and i love it! so fun to read! my hubby and i will move to shanghai in one week…so excited right now :)
ReplyDeleteThanks so much, Tati! Let me know if you have any questions as you prepare for the big move. Best of luck!
Deletethank you very much! maybe you can recommend a good mandarin language school ?
ReplyDeleteI've gone to iMandarin (http://www.imandarin.net/), but there are tons of Mandarin schools here in Shanghai. And it's all about the teacher, not the school. My advice is to go near your home -- or pick based on location -- because if you're anything like me, your motivation will dwindle if class is a pain to get to.
Deletei`ll check mandarin, thanks for your advice! i know, there are a lot of schools... its really hard to decide which one i should choose! but you´re right, ill better pick one near my home! because last thing i want is a long way to get there.
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