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Please enjoy Pharrell’s very cringeworthy song to celebrate China’s biggest shopping day

As they say, everyone has a price.

Pharrell co-wrote and performed a new song in China to celebrate Singles’ Day — the world’s biggest shopping holiday.

This year, Chinese shoppers spent $25 billion on Alibaba’s Taobao site in just 24 hours, blowing events like Black Friday completely out of the water.

Pharrell and his co-performer, Chinese-Canadian singer Kris Wu, were onstage for Alibaba’s huge extravaganza celebrating the shopping day. 

There’s no way any description could do this song justice, so you’ll have to just listen for yourself: Read more…

More about China, Alibaba, Taobao, Pharrell, and Pharrell Williams

7 in 10 people in Southeast Asia scrambled to buy on ‘Singles’ Day’ via their mobiles

If you hadn’t heard, Saturday’s Singles’ Day sale in China absolutely smashed last year’s already phenomenal record, bringing in $25 billion in a day on a single shopping site — Alibaba Taobao.

Over in Southeast Asia, a quieter storm is brewing, but it’s an important indicator of a market that’s rapidly embracing ecommerce.

Lazada — incidentally majority owned by Alibaba — is of the more popular ecommerce sites that sells across the region comprising countries like Singapore, Malaysia, Thailand, and Indonesia. 

Saturday’s sale netted Lazada a pretty respectable $123 million in sales, or 6.5 million items, nearly double last year’s performance. Read more…

More about Shopping, Alibaba, Taobao, Black Friday, and Singles Day