China to ship 3 billion parcels during post-COVID Singles’ Day

China’s e-commerce behemoths Alibaba and JD.com again claimed to have set records during the world’s largest shopping event, Singles’ Day. The figures can often be gamed to paint a rosy picture of perpetual growth, journalists and analysts have long observed, so they are limited metrics for measuring the firms’ performance or Chinese consumers’ purchasing power … Continue reading China to ship 3 billion parcels during post-COVID Singles’ Day