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Asharq Al-Awsat
Asharq Al-Awsat
Entertainment
Asharq Al-Awsat

China's Singles Day Shopping Spree Enters Final Stretch

China's shopping sales from the Singles Day holiday could top a record one trillion yuan ($140 billion) despite the country's struggling economy. Photo: WANG Zhao / AFP

China's Singles Day shopping bonanza entered its final stretch Friday, with all eyes on whether sales can top a record one trillion yuan ($140 billion) despite the country's struggling economy.

Conceived by technology giant Alibaba, the informal holiday's title riffs on a tongue-in-cheek celebration of singlehood inspired by the four ones -- "11/11" -- that denote its date of November 11.

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