E-commerce and logistics companies see a rush of business each year during the Singles’ Day shopping festival in the mainland and Taiwan. Photo: Xinhua
E-commerce and logistics companies see a rush of business each year during the Singles’ Day shopping festival in the mainland and Taiwan. Photo: Xinhua

Taiwan ramps up Singles’ Day sales while questions hover over Chinese spending as economy slows

  • While less than pre-pandemic years, 2022 Singles’ Day sales in Taiwan look better than last year, say analysts and some e-commerce sites
  • Nearly 40 per cent of mainland Chinese respondents say their budgets for this year’s online shopping festival are down 30 per cent, a new survey shows

E-commerce and logistics companies see a rush of business each year during the Singles’ Day shopping festival in the mainland and Taiwan. Photo: Xinhua
E-commerce and logistics companies see a rush of business each year during the Singles’ Day shopping festival in the mainland and Taiwan. Photo: Xinhua
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