Today is the most important day on the calendar for hundreds of millions of Chinese consumers, who are expected to buy an astonishing $45 billion worth of stuff in just 24 hours. Yes, that almost $2 billion AN HOUR.
While Singles Day (named for being the anti-Valentine’s Day, a shopping “holiday” for people not in relationships) is still predominantly a Chinese affair, Alibaba is also trying to make it a shopping bonanza elsewhere world, especially in Southeast Asia with its Lazada unit and, apparently, also in Zambia.
Standard Bank Zambia today ran this joint promotion with Alibaba and Visa for Zambian consumers to use their debit/credit cards and AliExpress to take part in “China’s Singles Day” event.
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This article was published on 驻外之家 (Home Abroad), a popular WeChat page that focuses on the stories of Chinese expatriates in Africa. This channel provides a more detailed picture of Chinese who came ...
Zambian President Haikinde Hichilema devoted the third day of his week-long China tour to visiting some of the country’s largest tech companies headquartered in the southern megacity of Shenzhen. The president visited the ...
Apple is reportedly moving faster to relocate more of its production to countries outside China and reduce its longtime dependence on Taiwan-based contract manufacturing giant Foxconn. Eventually, the Cupertino-based electronics ...
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