Alibaba to Top $5.7B in Sales on Singles Day

The video discusses the significance of Singles Day in China, highlighting its growth as a major shopping event. Alibaba's role in promoting the day with deep discounts is emphasized, along with insights from CEO Daniel Zhang. The video also covers popular brands involved, such as Tesla, and the historical and demographic context of Singles Day, which has evolved from a bachelor's day to a major consumer event.

What was the sales figure achieved by Alibaba on Singles Day last year?

• $5.8 billion

• $3 billion

• $1 billion

• $10 billion

Which company is mentioned as having challenges selling cars in China during Singles Day?

• BMW

• Ford

• Toyota

• Tesla

What year did Singles Day originate as a holiday?

• 1985

• 2010

• 1993

• 2009

What was the original purpose of Singles Day when it started at a university in China?

• To commemorate a historical event

• To celebrate bachelors

• To celebrate Valentine's Day

• To promote shopping discounts

What demographic trend is associated with the popularity of Singles Day in China?

• Growth of rural areas

• Decrease in population

• Rise of a consumer middle class

• Increase in married couples