×
116
Fashion Jobs
L'OREAL GROUP
Senior Manager - Digital Marketing & D2C, Kerastase
Permanent · Mumbai
NIKE
Lead Product Management – ed&a, Icc, India
Permanent · Bengaluru
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
PUMA
Senior Manager - Golf Sales (Cpg-Cobra Puma Golf)
Permanent · Bengaluru
PUMA
Manager - Accounts Payable
Permanent · Bengaluru
PUMA
Senior Manager – Teamsport Sales
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
PUMA
Manager – Customer Reconciliation And Accounts
Permanent · Bengaluru
PUMA
Manager – Warehouse Operations (Ecommerce)
Permanent · Gurugram
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
NIKE
Sap bi Lead Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
NIYOSSHIC LUXURY CONSULTANCY
Social Media Intern
Internship · MUMBAI
SAAHRA
Graphic Design Summer Internships
Internship · NEW DELHI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
BROADCAST THE COMPANY
Business Developement
Internship · MUMBAI
GOKALDAS EXPORTS LTD
Office Assistant - Bangalore - (Yeshwanthpur)
Permanent · Bengaluru
RELIANCE INDUSTRIES LTD
Sales Officer-Reliance Retail-tg
Permanent · Nirmal
GOKALDAS EXPORTS LTD
Safety Officer
Permanent · Madanapalle
By
Reuters API
Published
Nov 13, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Alibaba's Jack Ma says Singles' Day shopping results miss expectations

By
Reuters API
Published
Nov 13, 2019

Alibaba Group Holding Inc co-founder Jack Ma said on Wednesday results from the Singles' Day annual online shopping festival had missed the Chinese e-commerce giant's expectations.


Alibab's Jack Ma - Reuters Archives/Charles Platiau


Launched in 2009, Singles' Day has become China's version of U.S. online sale event Cyber Monday, which follows America's Thanksgiving holiday. Analysts monitor sales on Singles' Day to gauge consumer sentiment in China.

The Chinese shopping festival is held on Nov. 11 and is also referred to as Double Eleven because of the date.

"This year's Double Eleven did not meet the expectations I had imagined," he said at the 5th World Zhejiang Entrepreneurs Convention.

In a video circulated by Chinese media outlets, Ma said one reason for this was the warm weather. "As soon as the weather gets cold, apparel starts to sell a bit better," he said.

He also said the event fell on a Monday this year, discouraging people to shop at night before going to work.

"So we hope that for Double Eleven in the future the country will give everyone a half-day off," he said.

Alibaba did not immediately respond to requests for comment.

Alibaba primarily generates revenue from advertisement rather than purchases on its site.

 

© Thomson Reuters 2021 All rights reserved.

Tags :
Others
Business