Alibaba Group Holding (BABA) is aiming for double-digit sales growth in Hong Kong for its Singles’ Day campaign, fueled by a new promotion offering free delivery on Taobao orders. This move comes amidst China’s recent economic stimulus efforts and reflects Alibaba’s focus on expanding beyond its mainland market.
Following a reported assassination attempt on former US President Donald Trump, Chinese online retailers swiftly capitalized on the event by selling T-shirts featuring an iconic image of Trump with blood on his face. The shirts, featuring slogans like ‘Fight! Fight! Fight!’ and ‘Shooting makes me stronger,’ were available for purchase on Taobao within hours of the incident, highlighting the rapid response of Chinese manufacturers.
