The dark side of Singles Day
Nov 17, 2021 ·
4m 2s
Singles Day on Nov. 11 happens all over communist China, where consumers take part in a one-day online shopping spree, splurging as much money as Greece does in six months....
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Singles Day on Nov. 11 happens all over communist China, where consumers take part in a one-day online shopping spree, splurging as much money as Greece does in six months.
But how did this sales bonanza go from a university dorm celebration to an $85 billion business? What do bachelors have to do with it? And how does it highlight one of China’s most glaring demographic problems?
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But how did this sales bonanza go from a university dorm celebration to an $85 billion business? What do bachelors have to do with it? And how does it highlight one of China’s most glaring demographic problems?
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| Author | Agencia EFE |
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