Alibaba reveals 11.11 sales of the festival surpassed 1.7 million baht • Thumbsup

Alibaba’s 11.11 Singles Day shopping festival, which has been running for 11 days, has set a new record, topping 372.3 billion yuan ($ 1.7 trillion) of gross sales in all categories (GMV). Baht at 00:30 on 11 November 2020

Alibaba opened its second edition of the 11.11 2020 Global Shopping Festival at midnight on November 11th, this year’s 11.11 event has been extended to 11 days and takes place in the economic and business environment. China’s retail store is steadily recovering. Thus creating new opportunities for sellers and encouraging more consumption.

The highest order statistics per second were 583,000 per second, reflecting the flexibility and strength of Alibaba’s digital infrastructure. In order to support a large volume of orders very well.

“China’s economy has recovered strongly and the purchasing behavior of Chinese consumers has returned to pre-epidemic levels,” said Chinese analyst Xiaofeng Wang.

For Alibaba, 11.11 is an important event that will enhance and strengthen the company’s IT infrastructure. Including a real field for bringing new abilities Let’s try it out each year for Alibaba’s brands, stores, consumers, and digital economy partners. Get together in this work to pursue higher goals The highlights of this year’s event include

The total gross sales category (GMV) of the 11.11 global shopping festival represents the total value of all orders placed through Alipay. To purchase products from Alibaba’s China Marketplace, Kaola, Lazada, Ali Express, New Retail and consumer service platforms. By counting the sales amount from 1-11 November 2020