Alibaba Group Holding Ltd. logged more than 268 billion yuan ($38.3 billion) of purchases during its Singles’ Day bonanza, exceeding last year’s record haul after a 24-hour shopping marathon. Chinese e-commerce giant Alibaba has beat last year’s record in sales for China’s annual Singles Day online shopping bonanza, hitting $31 billion in under 24 hours. Alibaba sold $30.8 billion in gross merchandise volume during Singles Day 2018. Chinese e-commerce giant Alibaba Group reported on Monday that sales reached 91.2 billion yuan ($13 billion) within the first hour and two minutes of Singles' Day, an annual 24-hour shopping fest akin to Black Friday and Cyber Monday in the United States, according to Reuters.. Why it matters: Singles' Day is the world's largest online sales event. The e-commerce giant registered more than 660 million total orders, a 41 percent increase. Die chinesische Alibaba Group hat am chinesischen Singles Day (11.11.) Alibaba said $25.4bn was spent on its platforms during the shopping blitz in 2017, What Singles Day says about modern China Alibaba's Jack Ma slips in China rich list Alibaba reported $18 billion in gross merchandise volume on Singles’ Day, up 32 percent from a year ago. Innerhalb von 24 Stunden erreicht der Umsatz auf Alibabas Handelsplattform 38,4 Milliarden Dollar. . Last week, Chinese e-commerce giant Alibaba kicked off its festival for the annual shopping event that’s widely known as Singles’ Day.
Alibaba reported $18 billion in gross merchandise volume on Singles’ Day, up 32 percent from a year ago. Well, for starters, Alibaba’s 2018 Singles Day saw revenues increase by 27% to 213.5 billion yuan ($30.7 billion in 2018 currency).
Singles‘ Day: Alibaba macht 38 Milliarden Dollar Umsatz. VIDEO 1:42 01:42. der gesamten Welt einmal mehr vorgeführt, wie Onlineshopping heute funktioniert.
The company, which recorded $30 billion over 24 hours in 2018 topped last year’s record in 16.5 hours. Alibaba smashed its Singles’ Day sales records during its biggest annual shopping day. It’s kind of a big deal.
We went to Alibaba's 24-hour shopping extravaganza that is like nothing in America, featuring a Mariah Carey performance and an online-shopping-themed Cirque du Soleil act. Alibaba has set another Single’s Day record after the e-commerce giant sold over $25 billion of product on the Chinese biggest online shopping date. China Double 11 (Singles' Day) Insights. Alibaba Singles' Day takes $1.4bn in less than two minutes 11.11.2019 What started out as a day for Chinese lonely hearts has turned into an annual online retail extravaganza. The Singles Day is the closing event to Alibaba’s 11:11 Global Shopping Festival, which started on 21 October, and was the first Singles Day since the departure of Alibaba founder Jack Ma.