Alibaba's Singles' Day sales hit record $38 billion; growth slows

Nov 13, 2019 · HANGZHOU, China (Reuters) - Chinese retailer Alibaba Group Holding Ltd's sales for its 24-hour Singles' Day shopping blitz hit a record $38.4 billion, more than U.S. rival …

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Alibaba's Singles' Day Sales Hit Record $38 Billion; Growth Slows

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Nov 13, 2019 · HANGZHOU, China (Reuters) - Chinese retailer Alibaba Group Holding Ltd's sales for its 24-hour Singles' Day shopping blitz hit a record $38.4 billion, more than U.S. rival …

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Alibaba's Singles' Day Sales Hit Record US$38 Billion; Growth Slows

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12 Nov 2019 09:15AM (Updated: 12 Nov 2019 09:20AM) HANGZHOU: Chinese retailer Alibaba Group Holding Ltd's sales for its 24-hour Singles' Day shopping blitz hit a record US$38.4 …

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Singles Day Sales For Alibaba Top $38 Billion, Breaking Last Year’s …

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Nov 10, 2019 · The country’s biggest e-commerce company had already topped last year’s record 16 1/2 hours in, before it posted a final tally of 268.4 billion yuan ($38.4 billion) at the end of …

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Alibaba Sets ‘Singles Day’ Sales Record - WSJ

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Nov 11, 2020 · Business; Alibaba Sets ‘Singles Day’ Sales Record Chinese technology company, under regulatory shadow, reaps $75.1 billion in sales in annual shopping event

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Alibaba Breaks Singles' Day Record With $38B In Sales

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"This year Alibaba’s 11.11 Singles' day sales grew 26% YoY to reach a record $38 Billion. Singles' day is a great reflection of China's domestic demand, which this year remained …

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China Singles Day 2021: Alibaba, JD Hit Record $139 Billion Of Sales

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Nov 12, 2021 · Alibaba and JD.com racked up around $139 billion of sales across their platforms on China's Singles Day shopping event, setting a new record. The record sales come despite …

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Alibaba, JD Tout Singles’ Day Highs While China Economy Sags

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5 days ago · Alibaba said the number of paid 88VIP members who placed orders grew by 50%. Smaller rival JD reported customers increased by more than 20%. And Xiaomi co-founder Lei …

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Alibaba's Singles’ Day Breaks Record Anew With $38b In Sales

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Nov 12, 2019 · Alibaba breaks last year’s Singles’ Day record with $38b in sales Chinese consumers collectively spent 268.4 billion yuan (US$38.4 billion) for Alibaba’s Singles’ Day, …

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‘Double Eleven’ At Alibaba: Singles’ Day Sets A New Sales Record

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Nov 11, 2019 · Chinese retailer Alibaba Group Holding Ltd said on Monday that sales for its annual Singles’ Day shopping blitz crossed $30bn, putting the event on track to set a record in …

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How Alibaba Powered Billions Of Transactions On Singles' Day With …

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Nov 20, 2019 · By the end of the annual 24-hour Singles’ Day shopping extravaganza, the Chinese tech giant reported a record-shattering 268.4 billion yuan (US$38.4 billion) of sales.

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Alibaba’s 11.11 Just Set A Record, But It’s Looking Beyond Numbers

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Published on Nov. 12, 2021. Alibaba Group’s 11.11 Global Shopping Festival has hit a new high, closing out the event this week with US$84.54 billion in gross merchandise volume. Alibaba’s …

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Alibaba’s 11/11 Singles’ Day By The Numbers: A Record $38 Billion …

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Nov 16, 2019 · Topline: In the 11th edition of Singles’ Day, the world’s biggest shopping event ever, Chinese e-commerce giant Alibaba set a new sales record of $38.4 billion, in 24 hours …

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FAQs about Alibaba's Singles' Day sales hit record $38 billion; growth slows Coupon?

Is Alibaba's Singles' Day the biggest shopping day in the world?

After 24 hours of frenzied buying and selling, and weeks of aggressive advertising and promotions before it, the Alibaba Group said today its sales hit another record high on Singles’ Day, the biggest shopping day on the planet. ...

How much did Alibaba & JD sell on China's Singles Day?

Alibaba and JD.com racked up around $139 billion of sales across their platforms on China’s Singles Day shopping event, setting a new record. The record sales come despite worries about the strength of the Chinese consumer and the impact of Beijing’s crackdown on technology companies. ...

How much money did Alibaba make on Singles Day?

By the end of Nov. 11, also known as Singles Day, Alibaba Group Holding Ltd., BABA -2.37% the Chinese technology giant, said it had raked in the equivalent of a record $75.1 billion. Copyright © 2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Already a subscriber? Sign In ...

How big was Alibaba's 11-day shopping spree?

Alibaba's 11-day shopping spree was by far the largest edition of the event to date. Photo credit: Alibaba Group Alibaba Group’s 11.11 Global Shopping Festival has hit a new high, closing out the event this week with US$84.54 billion in gross merchandise volume. ...

Is Alibaba founder Jack Ma involved in the 2019 singles day sale?

The 2019 Singles Day sale is the first to be held without the presence of Alibaba Founder Jack Ma. In 2009, this event recorded just $7.8 million GMV; in 2018, it brought in a record $30.8 billion. This year, more than 200,000 brands are participating with more than one million new products on offer. ...

How many people will participate in Alibaba's 11-11 event?

Alibaba expects about 1 billion consumers to participate in the 11.11 event, where it sees over 80 million products on offer at their lowest price for the year. ...