Alibaba claims more than USD1 billion worth of goods were sold within the first 20 minutes of Shopping Festival
13 November 2014, 03:11
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China's biggest e-commerce company claims more than USD1 billion worth
of goods were sold over its sites within the first 20 minutes. Alibaba says it hit USD1 billion in gross merchandise volume at 12:17
A.M. this morning. As impressive was news that nearly half of all
transactions took place via smartphones and other mobile devices.
Alibaba is rolling out the sale worldwide this year with the strongest overseas traffic was coming from Hong Kong, the U.S. and Taiwan.
Last year's 24-hour sale saw USD5.8 billion worth of goods transacted over Alibaba Group's Tmall.com and Taobao Marketplace platforms, making it the biggest shopping day in the world, topping the sales on Black Friday and Cyber Monday combined.
Previous Shopping Festivals have been limited mostly to the mainland. But for the first time this year, AliExpress, Alibaba Group's English-language consumer shopping platform will be participating, offering 50% off on one million products to customers overseas.
Alibaba is rolling out the sale worldwide this year with the strongest overseas traffic was coming from Hong Kong, the U.S. and Taiwan.
Last year's 24-hour sale saw USD5.8 billion worth of goods transacted over Alibaba Group's Tmall.com and Taobao Marketplace platforms, making it the biggest shopping day in the world, topping the sales on Black Friday and Cyber Monday combined.
Previous Shopping Festivals have been limited mostly to the mainland. But for the first time this year, AliExpress, Alibaba Group's English-language consumer shopping platform will be participating, offering 50% off on one million products to customers overseas.
