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Double Eleven (11.11, or 11 Nov), a.k.a. Singles’ Day Festival is a global shopping event initiated by Alibaba and adopted by other e-commerce platforms and retailers.Consumers can expect the largest discount of the year during Double 11 while businesses expect a significant portion of annual revenues from this shopping festival sales.
What Is Black Friday?
Black Friday refers to the day after the U.S. Thanksgiving holiday, which has also traditionally been a holiday itself for many employees. It is typically a day full of special shopping deals and heavy discounts and is considered the beginning of the holiday shopping season. In history, Black Friday was a stock market catastrophe that took place on September 24, 1869. On that day, after a period of rampant speculation, the price of gold plummeted, and the markets crashed.
Black Friday can also refer to an 1869 stock market crash.
1. Black Friday refers to the day after Thanksgiving and is symbolically seen as the start of the critical holiday shopping season.
2. Stores offer big discounts on electronics, toys, and other gifts, or at least the first opportunity for consumers to buy whatever the hottest products are.
3. Also important to retailers: Cyber Monday, the first day back to work for many consumers after the long holiday weekend.
Post time: Dec-17-2020