Skip to main content
  • Home
  • About
  • Faculty Experts
  • For The Media
  • Videos
  • Topics
    • Alumni
    • Events
    • Faculty
    • Library
    • Research
    • Students
    • All Topics
  • Contact
  • Submit
Media Tip Sheets
  • All News
  • Arts & Culture
  • Business & Economy
  • Campus & Community
  • Health & Society
  • Media, Law & Policy
  • STEM
  • Veterans
  • |
  • Alumni
  • The Peel
  • Athletics
Sections
  • All News
  • Arts & Culture
  • Business & Economy
  • Campus & Community
  • Health & Society
  • Media, Law & Policy
  • STEM
  • Veterans
  • |
  • Alumni
  • The Peel
  • Athletics
  • Home
  • About
  • Faculty Experts
  • For The Media
  • Videos
  • Topics
    • Alumni
    • Events
    • Faculty
    • Library
    • Research
    • Students
    • All Topics
  • Contact
  • Submit
Media Tip Sheets

Mobile Commerce Likely to Grow This Singles’ Day, Sales Expected to Top $25 Billion

Wednesday, November 7, 2018, By Daryl Lovell
Share
Online marketplaceRetailSingles DayWhitman School of Management

With Singles’ Day – a shopping event first introduced by Alibaba 10 years ago – quickly approaching, retailers are gearing up for even more sales during the shopping blitz.

Ray Wimer is an assistant professor of retail practice at Syracuse University’s Martin J. Whitman School of Management. Professor Wimer says Singles’ Day sales may top $25 billion this year, despite the still little-known awareness in the U.S. about the shopping day.

Wimer says:

“Singles’ Day takes place on November 11, a date that reflects being just one person and was started as a day to celebrate being single in Asia-Pacific…a reverse Valentine’s Day if you will.

“Sales on November 11, 2017 were $25.4 billion and are expected to be greater this year. Mobile shopping, or m-commerce, dominates the day in how people shop. This is very significant as e-commerce shopping is seeing the largest growth in m-commerce across the world.”

“It’s now one of the world’s largest shopping day with people from over 220 countries taking part. But according to eMarketer, only 7% of the U.S. population is aware of Singles’ Day. This one-day event dwarfs the U.S. spending in the period between Thanksgiving, Black Friday, and Cyber Monday combined.”

 

To request interviews or get more information:

Daryl Lovell
Media Relations Manager
Division of Communications and Marketing

T 315.443.1184   M 315.380.0206
dalovell@syr.edu | @DarylLovell

Syracuse University

  • Author
  • Faculty Experts

Daryl Lovell

  • Ray Wimer

  • Recent
  • Eight New Recruits Begin Campus Peace Officer Academy
    Thursday, May 19, 2022, By Christine Weber
  • Media Tip Sheet: Consequences of China Lockdown
    Thursday, May 19, 2022, By Vanessa Marquette
  • Dean Rajiv ‘Raj’ Dewan to Step Down as Dean of the School of Information Studies
    Thursday, May 19, 2022, By News Staff
  • 2022 Graduates Reflect on Service as Academic Coaches
    Thursday, May 19, 2022, By Ellen de Graffenreid
  • Funding Expands for Newhouse Professors’ Work on Technology to Combat Fake News
    Wednesday, May 18, 2022, By Wendy S. Loughlin

More In Media Tip Sheets

Media Tip Sheet: Consequences of China Lockdown

As the intense lockdowns continue in China, one of our Syracuse University professors weighed in on possible consequences they may have on the economy. Dimitar Gueorguiev is an associate professor of political science at the Maxwell School of Citizenship and…

Architecture Expert and Researcher of Abortion Clinics On the Future of Access

Last week, a draft decision for Dobbs v. Jackson Women’s Health Organization was leaked from the Supreme Court and shows that five justices are preparing a judgment that would strike down Roe v. Wade. For reporters covering this ongoing story,…

“Inclusion Should Not Be an Afterthought”: Education and Legal Experts Weigh In on Plan to Update Federal Regulations

For the first time in 45 years, the U.S. Education Department is planning to update federal mandates for how schools and colleges must accommodate students with disabilities. The department is soliciting public comments about how current regulations can be improved…

Response to Putin’s Speech

As we heard earlier today, Russian President Vladimir Putin said he had no choice but to invade Ukraine in his Victory Day speech (CNN). Syracuse University’s Mark Jacobson has responded to this speech (see below). Jacobson is the assistant dean of Washington programs…

Leaks at the Supreme Court, what really matters? The leak or the decision?

This week, Supreme Court Chief Justice John Roberts ordered an investigation on how a draft decision of Dobbs v. Jackson Women’s Health Organization was leaked to Politico. This leak shows that five justices are preparing a judgment that would strike down…

Subscribe to SU Today

If you need help with your subscription, contact sunews@syr.edu.

Connect With Us

  • Facebook
  • @SyracuseUNews
  • Youtube
  • Facebook
  • Instagram
  • Youtube
  • LinkedIn
  • @SyracuseU
  • @SyracuseUNews
  • @SUCampus
  • Social Media Directory
  • Accessibility
  • Privacy
  • Campus Status
  • Syracuse.edu
© 2022 Syracuse University News. All Rights Reserved.