[Grad2021] [Turnbull Zemi] Alibaba's Singles' Day Sales Stagnate

[Stephen J. Turnbull]

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Katharina Buchholz | Statista Daily Charts - Pan-Asia writes:

 > Also in the Pan-Asian edition: Asia's March Ahead in the Global Covid-19 Vaccine Rollout
 > 
 > https://www.statista.com?utm_source=Statista+Newsletters&utm_campaign=a0af9b7b03-All_Camp_InfographTicker_Asia_PanAsia_00120&utm_medium=email&utm_term=0_662f7ed75e-a0af9b7b03-315965057 ASIA EDITION
 > Daily Charts
 > 
 > 
 > **
 >  Dear Stephen Turnbull,
 > ------------------------------------------------------------
 > 
 > After years of records, Alibaba's Singles' Day shopping holiday in China saw sales stagnate for the first time, so much so that the company abandoned its practice to publish exact sales figures for the event. The secretive behavior by Alibaba was enough to fire up speculations that Chinese consumer spending might be in trouble. See the whole picture in our first chart and find out how Asia turned from zero to hero in the global Covid-19 vaccine rollout in our second feature, a racing bars video.
 > 
 > Have a good day and stay safe!
 > Katharina Buchholz
 > Data Journalist
 > Get in touch (mailto:katharina.buchholz at statista.com)
 > Interested in data insights, racing bars and other content? Subscribe to our YouTube channel! (https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw?utm_source=Statista+Newsletters&utm_campaign=a0af9b7b03-All_Camp_InfographTicker_Asia_PanAsia_00120&utm_medium=email&utm_term=0_662f7ed75e-a0af9b7b03-315965057)
 > https://www.statista.com/chart/16063/gmv-for-alibaba-on-singles-day/?utm_source=Statista+Newsletters&utm_campaign=a0af9b7b03-All_Camp_InfographTicker_Asia_PanAsia_00120&utm_medium=email&utm_term=0_662f7ed75e-a0af9b7b03-315965057
 > A statement by Alibaba over the weekend said that that sales in 2022 had been "in line" with last year's. They were put at $84.54 billion then. Slowing economic growth, rising inflation and economic hardship brought about by reoccurring Covid-19 lockdowns in China have been identified as reasons why consumers could not be moved to a new sales record this year. Stronger sales of domestic brands were another indicator that money was somewhat tighter in China than in previous years.
 > Read the full article (https://www.statista.com/chart/16063/gmv-for-alibaba-on-singles-day/?utm_source=Statista+Newsletters&utm_campaign=a0af9b7b03-All_Camp_InfographTicker_Asia_PanAsia_00120&utm_medium=email&utm_term=0_662f7ed75e-a0af9b7b03-315965057)
 > https://www.statista.com/chart/28642/covid-19-vaccine-rollout-by-continent/?utm_source=Statista+Newsletters&utm_campaign=a0af9b7b03-All_Camp_InfographTicker_Asia_PanAsia_00120&utm_medium=email&utm_term=0_662f7ed75e-a0af9b7b03-315965057
 > Back in early 2021, Asia's vaccine rollout was off to a slower start than those in the Americas and Europe. According to Our World in Data, it took around one year - until February 2022 - before Asia's per-capita vaccinations could catch up, overtaking North America's for the first time. By May, Asia's vaccination progress had also overtaken that of Europe, leaving South America as a more vaccinated continent.
 > Watch the video (https://www.statista.com/chart/28642/covid-19-vaccine-rollout-by-continent/?utm_source=Statista+Newsletters&utm_campaign=a0af9b7b03-All_Camp_InfographTicker_Asia_PanAsia_00120&utm_medium=email&utm_term=0_662f7ed75e-a0af9b7b03-315965057)
 > IN CASE YOU MISSED IT...
 > https://www.statista.com/chart/16652/chinese-import-and-export-growth-rate-slumps/?utm_source=Statista+Newsletters&utm_campaign=a0af9b7b03-All_Camp_InfographTicker_Asia_PanAsia_00120&utm_medium=email&utm_term=0_662f7ed75e-a0af9b7b03-315965057
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 > https://www.statista.com/chart/26125/companies-exerting-most-negative-influence-on-climate-policy/?utm_source=Statista+Newsletters&utm_campaign=a0af9b7b03-All_Camp_InfographTicker_Asia_PanAsia_00120&utm_medium=email&utm_term=0_662f7ed75e-a0af9b7b03-315965057
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 > https://www.statista.com/chart/26095/emission-projections-selected-countries/?utm_source=Statista+Newsletters&utm_campaign=a0af9b7b03-All_Camp_InfographTicker_Asia_PanAsia_00120&utm_medium=email&utm_term=0_662f7ed75e-a0af9b7b03-315965057
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 > https://www.statista.com/chart/28676/total-hectares-of-forest-that-have-been-destroyed/?utm_source=Statista+Newsletters&utm_campaign=a0af9b7b03-All_Camp_InfographTicker_Asia_PanAsia_00120&utm_medium=email&utm_term=0_662f7ed75e-a0af9b7b03-315965057
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 > Felicia Yew
 > Account Management Asia
 > Get in touch (mailto:asia.support at statista.com)
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