Alibaba set a record of sales: $38 billion per day

Alibaba установила рекорд продаж: $38 млрд за день

Alibaba has dramatically increased its sales volume

The Day of lonely people, the company broke its record from last year for the first 90 minutes of sales.

The Chinese company Alibaba Group Holdings Ltd. set a new sales record on the Day of lonely people (or singles Day) which is celebrated in China on 11 November each year, reports Interfax-Ukraine.

So, at the end of 24-hour shares were sold goods worth more than 268 billion yuan ($38.3 billion). Customers included, according to preliminary estimates, nearly half a billion people from China and around the world.

Less than 90 minutes from the moment of start of sales the volume of sales on Alibaba platforms reached 114 billion yuan ($16.3 billion), accounting for more than half of sales all day from a year earlier, according to the Agency Bloomberg.

11 November 2018 were sold goods for the total amount of 213,5 billion yuan ($30.7 billion), which is 27% higher than in the previous year.

Singles Day sold more goods than five days, the American marathon of sales from thanksgiving to cyber Monday (this year, this period will last from 28 November to 1 December).

The day of lonely people (or a boutique) – not quite traditional Chinese holiday. According to the newspaper of the Chinese Communist party people’s Daily, the students of China invented it in 1990-e years as opposed to Valentine’s Day. The date November 11 was chosen according to believe in the magic of numbers the Chinese number 11.11 resembles “bare branches” – so in China called single men and women.

Alibaba arranges large-scale sales on 11 November 2009. Despite the fact that for her, this tradition was picked up by competitors, including JD.com, sales on the Day of lonely people associated with Alibaba.

Earlier it was reported that Alibaba for nine hours and sold the goods to a record $23 billion.

We will remind, last week the Kiev economic forum, the founder of Alibaba Group Jack MA. The richest man of Asia and China, said the great potential of Ukraine for the development, putting among the advantages of the country with fertile land, open and willing to change people, beautiful women, rich history.

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