Global 11.11 hit record high over 200 billion yuan in less than 24 hours. The company …
November 12 in Shanghai People's Republic of China 11.11 World Shopping Fair opens for online trading. The Alibaba Group's 24-hour deadline after midnight on November 12, 2061 was happy. Therefore, breaking the trade record. Total value of goods (GMV) paid via AliPay
At the clock at 22, 28 minutes, 37 seconds, confirmed online trading number exceeded 200 billion yuan (~ 9.5 billion). At 2.135 trillion yuan or over 1 trillion yuan
Branded products from Thailand. The famous and well-known of the Chinese. It was taken to online trading. Alibaba Internet Trading System includes: Sales are also good.
By 2016, more than 140,000 stores / brands participated in this global shopping festival. The value of 24 hour shopping amounted to 168.2 billion yuan, which in 2018 Alibaba's sales have broken down with the volume online reached over 200 billion yuan.
11.11. (Double ELEVEN) is a shopping festival that started in 2009 with 27 stores participating in the first year. The purpose is to create awareness and awareness. The value of online shopping in stores and consumers.
Jacek, vice president and co-founder of Alibaba Group, commented on the war between the two countries. China and the United States have not been completed at this time. This is not the case with Alibaba Group, as the home market has changed from being a producer country to becoming a consumer country. Now China is turning to more consumers, now 50%, and still believes that Chinese consumption will increase by 70% in the future. It is believed that it will not affect Alibaba.