Trademagazin > News and articles > Company and Personal News > Another record-breaking Alibaba turnover on Singles Day
Another record-breaking Alibaba turnover on Singles Day
Another record-breaking. Chinese online retailer, Alibaba, saw record-breaking sales on Singles Day, Alibaba reported on Friday.
Alibaba Tmall’s e-commerce platform had total sales of 540.3 billion yuans (84.54 billion USD) in sales, with more than 40 billion yuans (6.2 billion USD) more than in the same period of last year. However, turnover growth has slowed to its lowest level in ten years. (MTI)
Related news
Most top online sellers in Europe are not European
Of the thousand largest online sellers in Europe, 49 percent…
Read more >Alibaba introduces seller protection program in Europe
With Trade Assurance, Alibaba introduces what it calls a new…
Read more >Market share of Chinese platforms in Spain reaches 34%
One in three (34 percent) of online purchases in the…
Read more >
More related news >
Related news
A new chapter has opened in the history of Pizza Hut: The restaurant chain can be renewed based on the Hungarian model
On September 12, the ribbon was cut on Pizza Hut’s…
Read more >150 million bottles, jars and aluminum cans have already been returned in Lidl stores
Lidl Hungary has reached a milestone in its new return…
Read more >Style rethought – Hungaria sparkling wine has been renewed!
Hungaria, one of Hungary’s most popular bottle-fermented sparkling wine brands,…
Read more >