A 30 second preview of the track was released, showing Carey and Khalid singing together in the chorus. This festive single will also feature the US Choir director and gospel singer Kirk Franklin. The track is due to arrive on Friday (November 5).
The official artwork also features the three collaborators when they were children against Christmas wrapping paper.
Mariah Carey is of course no stranger to a Christmas track, having release "All I Want For Christmas Is You" in 1994.
Yesterday, Carey welcomed the festive season, as she shared a video of herself, writing "It's Time", while smashing up pumpkins and a candy cane baseball hat.
This clip was of course soundtracked by that 1994 festive hit "All I Want For Christmas Is You".
This track will be officially released on November 5.
Is it to early to get into the Christmas spirit yet?