Alibaba’s turnover on Singles’ Day exceeded last year’s result after the first half hour
Already after the first half hour, Alibaba Chinese Internet retail portal’s turnover on Singles’ Day exceeded last year’s result on Wednesday – the international international news channel CGTN reports.
The trade campaign, with significant price cuts, began earlier than ever before on November 1 this year, with gross merchandise turnover reaching 372.3 billion yuan (56.3 billion USD) in the first ten hours of Wednesday- Alibaba announced. (MTI)
Related news
Alibaba launches new AI-based search engine for SMEs
Alibaba International has unveiled the beta version of its AI-based…
Read more >
Chinese retailers see AI as the future of boosting sales
According to a new survey by Bain & Company, the…
Read more >
Most top online sellers in Europe are not European
Of the thousand largest online sellers in Europe, 49 percent…
Read more >
More related news >
Related news
SHEIN’s first Hungarian store has opened
On December 10, 2024, at noon, SHEIN’s first Hungarian store…
Read more >
Schoolchildren solved a record number of tasks: the popularity of the Feed Your Brain educational program remains unbroken
The 2024 Challenge of the health education program launched by…
Read more >
TikTok conqueror: Dubai chocolate craze at Lidl
As the Christmas holidays approach, there is an increasing demand…
Read more >
