BEIJING: Chinese shoppers splurged more than $100 billion in the world’s biggest shopping event of the year, in a huge spending spree that suggests the country’s all-important army of consumers is fighting back after months of pandemic agony.
Hundreds of millions used online stores to scoop up bargains in the Singles’ Day consumer marathon that dwarfs the US “Black Friday” phenomenon.
Everything from jewellery and video games to furniture and food was sold on the country’s biggest e-commerce platforms run by tech titans Alibaba and JD.com.
While “Singles’ Day” — so-called for its annual 11.11 date — has long been a 24-hour event, its creator Alibaba has expanded it to an 11-day…
