Will “shy” consumers come out for Singles Day? Global brands weigh in
Inside Retail
NOVEMBER 9, 2023
How much do consumers spend? “We’re optimistic about growth this year because the recovery seems to be stabilising and consumption is on a more clear upward trend,” said Jacob Cooke, co-founder and CEO of Beijing-based WPIC Marketing + Technologies. trillion yuan ($157.97 per cent rise in Cyber Week sales.
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