On November 24th, the news of "Taobao canceling Double 12" topped the hot search list on Weibo. Some people claim to support and hold onto their wallets, while others question whether a series of discounts have been cancelled compared to previous years. In response to this, Taobao Group staff responded to Nandu reporters that in December, Taobao will hold the "year-end good price festival".
Taobao information.
A Weibo survey shows that 160000 people support the cancellation of Double 12 and "should keep their wallets tight"; Another 100000 people said, "No matter what festival, as long as there are discounts, it's okay.".
On November 24th, Taotian Group staff told reporters from Nandu that the "year-end good price festival" will officially start at 20:00 on December 9th. Compared to the previous Double 12, the discount intensity, merchant scale, and product scale have all significantly increased.