Alibaba Group said on Thursday goods worth $74.1 billion were sold through its platforms during an 11-day campaign specially organized for Singles’ Day.
That figure nearly doubled last year’s $38.4 billion. The figures were $30.8, $25.3 and $18.1 billion on the same days of 2018, 2017 and 2016 respectively, according to the company’s statement
Their online order taking program recorded over 2.3 billion transactions for 11 days, while 583,000 orders were received per second when the order density was at its peak.
Alibaba started offering Singles’ Day discounts in 2009 and the event has become a bonanza of online shopping. The value of…
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