Singles Day, which Alibaba, the Chinese ecommerce giant, has made into the world's biggest fashion and gift-buying extravaganza. It is the climax of a "shopping and entertainment festival" that easily exceeds the sales of Black Friday and Cyber Monday in the US. Alibaba and competitors such as JD.com are making ecommerce not merely efficient but entertaining. (Alibaba sparks China's consumer revolution, by Financial Times)
Comment
The evening party and cross-boarder e-commerce have brought opportunity to wide public participation and enterprise innovations on Singles Day. To seize this opportunity, we need to promote the new development of Internet technology and e-commerce market with innovation.
(Editor Li Xingyi)
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