{"id":26641,"date":"2021-11-11T17:25:52","date_gmt":"2021-11-11T17:25:52","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=26641"},"modified":"2021-11-11T17:25:52","modified_gmt":"2021-11-11T17:25:52","slug":"alibabas-singles-day-sales-growth-percentage-drops-to-its-lowest-in-history-amid-chinas-crackdown-on-big-tech-companies-2","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=26641","title":{"rendered":"Alibaba\u2019s Singles\u2019 Day sales growth percentage drops to its lowest in history amid China\u2019s crackdown on Big Tech companies"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostThe world\u2019s biggest online shopping event recorded a slower pace of annual growth pace after Alibaba Group Holding swapped the usual razzamatazz of Singles\u2019 Day for a more down-to-earth event that stressed sustainability.Alibaba recorded gross merchandise value (GMV) for this year\u2019s Singles\u2019 Day of 540.3 billion yuan (US$84.54 billion) during the 11-day campaign, marking 8.45 per cent year-on-year growth. This is the first single-digit GMV growth since Alibaba created Singles\u2019 Day in 2009\u2026<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3155762\/sales-growth-alibabas-singles-day-drops-amid-chinas-crackdown-big?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostThe world\u2019s biggest online shopping event recorded a slower pace of annual growth pace after Alibaba Group Holding swapped the usual razzamatazz of Singles\u2019&hellip; <\/p>\n","protected":false},"author":0,"featured_media":26642,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/26641"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26641"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/26641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/26642"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26641"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}