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Singles’ Day 2023: Holiday sales for cautiously optimistic Chinese consumers

SmartBrief - Marketing

This indicates that consumers are willing to spend for a sense of satisfaction with items like gifts to please both their loved ones and themselves and they also tend to be careful when making substantial investments. billion , with a compound annual growth rate (CAGR) of 5.03% between 2023 and 2028. billion, with a 14.6%

article thumbnail

Singles’ Day 2023: Holiday sales for cautiously optimistic Chinese consumers

SmartBrief - Marketing

This indicates that consumers are willing to spend for a sense of satisfaction with items like gifts to please both their loved ones and themselves and they also tend to be careful when making substantial investments. billion , with a compound annual growth rate (CAGR) of 5.03% between 2023 and 2028. billion, with a 14.6%