Some 290,000 brands participated in the 2022 Singles Day, with merchants offering varying levels of discounts starting as early as late October. - AP
BEIJING (AFP): Chinese e-commerce giant Alibaba has not released full sales figures for its annual Singles Day event for the first time ever, as a cooling economy dampened demand.
Launched in 2009, Singles Day is the world's largest shopping festival, dwarfing similar US events such as Black Friday and Cyber Monday in terms of sales.
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