China's annual Singles Day -- an online shopping bonanza -- just broke last year's record
The country's biggest e-commerce company topped last year's record in 16 1/2 hours. The event regularly racks up bigger sales than Black Friday and Cyber Monday combined.During Singles Day pre-sales, which kicked off three weeks ago, Estée Lauder raked in a record 1 billion yuan in pre-orders, Alibaba said on Sunday. Alibaba users also pre-ordered 100 million yuan worth of Apple iPhone 11s, the company said.
"We continue to feel very confident about the growth potential of the economy," Alibaba chief marketing officer Chris Tung told CNN in an interview."We are pushing deeper towards the less developed areas of China, to reach more new online shoppers, so there's a huge untapped opportunity there."Singles Day is an informal, anti-Valentine's Day holiday in China celebrating people who aren't in relationships.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Alibaba says Singles' Day sales hit 91.2 billion yuan in first hourChinese e-commerce giant Alibaba Group Holding Inc said on Monday that sales for...
Consulte Mais informação »
Alibaba Singles' Day sales hit 84 billion yuan in first hourChinese e-commerce giant Alibaba Group Holding Inc said on Monday that sales for...
Consulte Mais informação »
Alibaba Singles' Day sales hit $23 billion in first nine hoursChinese e-commerce giant Alibaba's annual Singles' Day sales hit $23 billion in first nine hours by horwitzjosh
Consulte Mais informação »
Alibaba Singles’ Day sales hit $23B in first nine hoursE-commerce giant Alibaba filled billions of dollars in orders during China's annual Singles' Day shopping frenzy, the world's biggest 24-hour shopping event.
Consulte Mais informação »
Alibaba logistics deal is hard Singles’ Day sellThe web giant’s online shopping fest kicked off to fanfare on Monday, overshadowing news that Alibaba will invest $3 bln in a subsidiary it already controls. Neither financial details nor strategic rationale were given. Shareholders, unlike shoppers, can’t see this price tag.
Consulte Mais informação »