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China's Singles' Day shopping extravaganza has lost its sparkle as consumers, wary of promotional tactics and facing economic headwinds, prioritize necessities over extravagant purchases.
China’s e-commerce firms reported an increase in the number of shoppers and a growth in sales for this year’s Singles’ Day ...
"Singles Day" -- launched by tech giant Alibaba in 2009 -- has ballooned into an annual blockbuster period for retail ...