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2021 Singles Day: Record Sales for Subdued Event
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China's Singles Day, previously a celebration of unbridled spending, had a very different tone this year. Thanks to the Chinese government, consumerism is no longer in vogue. Nevertheless, both Alibaba — whose founder Jack Ma started the event — and JD.com, its closest competitor in revenue, racked up record sales.
Topics: million, prosperity, singles, record, billion, jdcom, growth, chinese, products, sales, alibaba, event, day, subdued. -
Libra rival Celo launches 50-member Alliance For Prosperity
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Some Libra Association members like Andreessen Horowitz and Coinbase Ventures are double-dipping, backing a competing cryptocurrency developer platform. Launching today with over 50 partners, non-profit The Celo Foundation’s ‘Alliance For Prosperity’ offers a way for developers to build decentralized mobile apps that are based on Celo’s blockchain platform and USD stablecoin. The open-source Celo platform […]
Topics: launches, financial, alliance, techcrunch, rival, celo, andreessen, celos, prosperity, 50member, libra, system, blockchain, platform.