2015-11-13

Analyses of Opple Lighting’s Smashing Revenue Records on China’s Single’s Day

China’s ecommerce giants announced their breaking revenue results for Single’s Day on Nov. 12, 2015. The country’s online total revenue on the anti-Valentines day, commonly known as Single’s Day to locals, soared 52.7% to reach RMB 122.94 billion (US $19.29 billion), compared to last year’s RMB 80.5 billion according to data compiled by Syntun. Internet packages and deliveries climbed up 65.7% to reach RMB 678 million.
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2015-11-11

China’s Singles Day Sets New Historic Record Sales for Online Retailers

Singles Day celebrated by China every November 11 is one of the biggest shopping spree days in the country that can only be comparable to Black Friday in U.S., or Boxing Day in UK. Online Chinese retailer Alibaba has set a brand new record this year, completing business transactions at a much faster rate than last year.
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In January 2025, certain automotive LEDs manufactured by Malaysia-based LED manufacturer Dominant Opto Technologies Sdn. Bhd. ("Dominant") were recalled from a distributor pursuant to a patent infringement lawsuit filed by Nichia Cor... READ MORE