The world’s biggest bargain battle is the annual Single Day in China. In the meantime, the shopping event has not only spread to Asia, but across the globe. Although fewer advertisements were placed in 2021, the retailers still achieved a record turnover: China’s Amazon competitor Alibaba alone achieved an increase in turnover of almost nine percent to the equivalent of 73 billion euros.
Online sales events have also caught on in the US and Europe. From Cyber Monday to Black Week: retailers lure customers into their online shops with discounts. But with all the buying mood, customers should keep an eye on their rights. Because the German right of withdrawal must also be observed by foreign traders.
You can read how courts recently judged and what the current case law looks like in our photo gallery.