Delivery Logistics Industry
Thought and Leadership
Bringg’s schedule is packed with exciting events held across the world this June! If you want to learn more about how our customer-centric logistics technology solution is helping top global brands achieve logistical excellence across their delivery ecosystems, schedule a quick 15 minute demo with our team at one our June events.
"Singles" day in China, similar to Valentines day elsewhere, used to just be a day to get random gifts for friends or go out to eat. However, Jack Ma of Alibaba had a grander vision. He saw what Amazon and other online retailers were able to do with Cyber Monday and decided to capitalize. Fast forward a few years, this past Singles Day raked in a whopping $18 Billion in Sales.
Earlier this year, Walmart sold off some of its Chinese eCommerce assets to a local Chinese company - seen by many as Walmart's capitulation that they could not compete in a market as "difficult" as China. However, we now see that China is being far more aggressive in the Chinese market than anyone had imagined.