China consumers to spend more in November 11 ‘Singles Day’ shopping spree: Nielsen

Most online consumers in China will spend more during the Nov. 11 “Singles' Day” shopping promotion this year than they did last year, according to the results of a survey by consultancy Nielsen Holdings made available to Reuters on Wednesday. In a survey of more than 1,000 internet users in China this month, 56 percent said that they would spend more on Singles Day this year compared to 2014

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Messaging software firm Slack plans mass-media push to boost growth

By Eric Auchard DUBLIN (Reuters) – Slack, the group messaging platform valued at nearly $3 billion, plans to accelerate its growth by spending some of its $250 million cash pile on mass-market advertising, founder and CEO Stewart Butterfield said. “We are switching from trying to keep up with growth to trying to generate growth,” Butterfield said in an interview at Web Summit, Europe’s biggest conference for start-ups

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