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Nov.10 -- Jacob Cooke, co-founder and chief executive officer at WPIC, discusses Alibaba Singles’ Day and the health of the Chinese consumer. He speaks on “Bloomberg Markets: China Open.”...
Nov.10 -- Ting Lu, international chief China economist at Nomura, discusses China inflation and his outlook for the economy. He speaks on “Bloomberg Markets: China Open.”...
Nov.10 -- Shawn Yang, deputy head of research at Blue Lotus Capital Advisors, discusses Alibaba’s Singles’ Day and his outlook for China’s retail sector. He speaks on “Bloomberg Daybreak: Asia.”...
Q3 2019 Black Knight Inc Earnings Call...
* Alibaba event is akin to Cyber Monday in U.S. HANGZHOU, China, Nov 11 (Reuters) - Chinese retailer Alibaba Group Holding Ltd said on Monday that sales for its annual Singles' Day shopping blitz crossed the $30 billion mark at 4:31 p.m. (0831 GMT), putting the event on track to set a record in its 11th year. The figure is equivalent to over 80% of U.S. rival Amazon.com Inc's online store sales in the latest quarter and matches takings across Alibaba's e-commerce platforms on Singles' Day last year....
* Alibaba event is akin to Black Friday, Cyber Monday in U.S. HANGZHOU, China, Nov 11 (Reuters) - Chinese e-commerce giant Alibaba Group Holding Inc on Monday said sales for its annual Singles' Day shopping blitz hit 158.31 billion yuan ($22.63 billion) in its first nine hours, up 25% from 126.72 billion yuan at the same point last year. Akin to Black Friday and Cyber Monday in the United States, Singles' Day has been promoted as a shopping fest by Alibaba Chairman and Chief Executive Daniel Zhang since 2009, growing rapidly to become the world's biggest online sales event....
* Alibaba event is akin to Black Friday, Cyber Monday in U.S. HANGZHOU, China, Nov 11 (Reuters) - Chinese retailer Alibaba on Monday said sales for its annual Singles' Day shopping blitz jumped 25% in the first nine hours to $23 billion, nearly two thirds of U.S. rival Amazon.com Inc's online store sales in the latest quarter. Sales growth for the full 24-hour event, however, is likely to fall short of the year earlier, analysts said, at a time when China's economic expansion heads toward a historic low....
