WHAT’S THIS SALE FRENZY ALL ABOUT? The Singles' Day — or Double 11, was originally called Bachelors' Day. It’s a Chinese unofficial holiday and shopping season that celebrates people who are not in relationships. It started as an “anti-Valentine’s Day” for singles to enjoy shopping. Year after year, sales have smashed the previous record. In 2020, Alibaba and JD reportedly racked up a record $115 billion in total gross merchandise value (GMV)..