Caixin Global – Latest China News & Headlines

Home >


CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

JD Logistics Takes Pitches from Banks for Planned Hong Kong IPO in 2021
New Rules Derail Mega Livestreaming E-Commerce Deal
Trending in China: Why Are People Queuing Eight Hours and Paying $30 for a Cup of Milk Tea?
Trending in China: Teacher Assaulting Children Raises Question About Role of Volunteers in Education
‘Look, No Hands!’ - AutoX Rolls Out China’s First Self-Driving Fleet Without Safety Drivers
U.S. Firms Deny Selling to China Military, as Washington Prepares New Blacklist
Baker Bros. Advisors Sells ADSs in BeiGene Just Months After Buying Shares
Trending in China: Sharing Students’ Grades Online – The Fine Line Between Motivation and Public Shaming
Tesla Rival Li Auto Plans New Share Sale to Bankroll R&D
Alibaba Logistics Arm Chills with Ethiopian Airlines to Transport Covid-19 Vaccines
U.S. Blacklist of Chinese Tech Firms Continues to Grow
China's Bluetooth Audio Chip King Set For $741m Shanghai IPO
U.S.-Blacklisted Hikvision Zooms in on COVID Tracking Demand Reports First Quarterly Profit of 2020 as Travel Recovers
Xiaomi Raises Nearly $4 Billion Through Sale of Shares and Bonds
Baidu Leads China in AI Patent Applications and Ownership
Trending in China: Now Forbidden on China’s Trains
Chinese Biopharma Firm Pegbio Nets $122m in Pre-IPO Round From YF Capital, Yingke, Others
NEV Makers Nio and Xpeng Keep Revving Up Sales, But Investor Unimpressed
Britain Bans Installation of New Huawei 5G Equipment from September 2021 in Major U-Turn
‘Double 11’ Shopping Fest Faces Covid-19 Supply Chain Pressures

By Ding Yi / Oct 23, 2020 05:40 PM / Business & Tech

Alibaba will extend the number of days people can buy goods as part of the “Double Eleven” online shopping extravaganza from the usual one day to four, as some vendors face supply chain pressures related to the Covid-19 pandemic.

The e-commerce giant will add the first three days of November as the first “sales window” for the upcoming festival, followed by the traditional day on Nov. 11, according to the company.

The three additional days could reduce delivery pressures for merchants as sales are expected to grow, said Jiang Fan, president of Alibaba’s Tmall and Taobao e-commerce platforms.

Alibaba hopes to take advantage of rebounding consumer spending following the pandemic, and has added items not seen previously as part of the sales lineup such as property and automobiles.

Alibaba predicts that about 14 million products from 250,000 brands will be promoted on the Tmall platform during this year’s festival.

Despite the sizable offerings, some merchants are facing supply chain pressures, especially those in the textile industry who import products from India and Southeast Asian countries where the pandemic has affected production, Alibaba vice president Liu Bo warned.

Liu added that some textile plants in those regions have started moving some production capacity to China under the shadow of the coronavirus.

Contact reporter Ding Yi (

Related: Alibaba-Backed Lender in Credit Frenzy for ‘Double Eleven’ Shopping Fest

Share this article
Open WeChat and scan the QR code