The latest news in tech, marketing, and what was actually interesting in tech and culture curated by @oliviameng from New York
Hello and welcome to this week’s issue. It’s Thanksgiving week here in the states, the big shopping time of the year. In China, the largest online shopping day is on 11th of November (11.11). It doesn’t relate to any holiday. It’s a very effective internet festival. In 2017, the 11.11 shopping festival reached 168.2 billion yuan from 225 countries and regions, and 90% of transactions are coming from mobile.
What you can learn from every one of Larry and Sergey’s Founders’ Letters dating back to its 2004 IPO, check out the letter series(The last company being included is Amazon).
Lastly, check out the documentary film The Minimalism. It is a true story about two former bankers began pursuing the minimalist lifestyle in 2010.
More than 140,000 brands and hundreds of millions of consumers will participate in 11.11 this year. This shopping festival will be supported by Alibaba’s global cloud, payment and logistics infrastructure.
Most people go to news sources they trust to find out more than the facts. They want to find out how they should feel about a fact (or whether they should reject that fact) from people they consider to be leaders of their social network.