Uniqlo has been a sales leader on Tmall during Singles’ Day (Nov. 11th, or Double 11, major Chinese e-commerce event comparable to Cyber Monday in the US). This year’s 11.11 marks the 9th one held by Taobao and Tmall, and the 8th in which Uniqlo has participated; this year Uniqlo launched its 11.11 promotions in-store […]
About 10 years ago, Chinese young people jokingly named each year’s November 11 as “Singles Day” because all digits for this day are the lonesome “1”. Alibaba Group saw a commercial opportunity and in 2009 launched an online sales festival to “celebrate” the Singles Day. Now it has become the world’s largest e-commerce as Alibaba’s […]
In the ninth year of the world’s largest 24-hour shopping event, this year’s Tmall Double 11 2017 will showcase:
Tmall GMV on Singles Day (Double 11) in 2016 reached 120.7 billion yuan (US$17.79 bn) with an increase of 32% YoY, covering 235 countries; mobile accounted for 81.87%. Find out the top selling product categories.
Double 11 (11 Nov; also called Singles’ Day) is China’s largest online shopping festival in China. At 12pm today, Tmall Double 11 sales had reached RMB 80.7 billion (USD 11.85 billion).
Mobile MAUs on Alibaba China retail marketplaces reached 450 million in September 2016, an increase of 23 million over June, while annual active buyers reached 439 million, an increase of 5 million from the 12-month period ended in June.
Ever wondering which is the largest if you compare online sales on Cyber Monday in the west with that on China’s largest online shopping day Double 11? Let this inforgraphic tells you.
China’s Double 11, Nov 11 also called Single’s Day in China, has become a national shopping festival. The total online transaction values on Tmall reached 91.2 billion yuan (US$14.25 million) on Double 11 in 2015 (52 million yuan in 2009, 936 million yuan in 2010, 5.2 billion yuan in 2011, 19.1 billion yuan in 2012, […]
China’s booming economy has driven the emerging of the largest online transactions (55%) in the Asia-Pacific region, and nearly half of Chinese consumers (49%) are estimated to increase their online spend during this shopping season. From November to December 2015, Chinese online shoppers are expected to spend US$150 billion in total and the average expenditure […]
The annual online shopping banquet Double 11 2015 finally ended under the rush of advertising in the subways, buses, elevators, mobile phones, pop-up ads, WeChat, Weibo… Compared to previous years, the Double 11 2015 was held by both online and offline companies, including Alibaba, Suning, Tencent, Jingdong, Amazon, Yihaodian and others, which has become a […]
Double 11 (Nov 11), the largest online shopping day by total transactions, received over 10 billion yuan sales on Tmall only 12 minutes and 28 seconds after it started since midnight in 2015.
Alibaba reported revenues of 22,171 million yuan (US$3,488 million), an increase of 32% year-over-year and mobile revenues of 10,520 million yuan (US$1,655 million), a year-on-year increase of 183% in the third quarter of 2015. The revenues were mainly driven by fast growing mobile commerce and rural market.
Chinese online shoppers prefer to take advantage of the occasional promotions to buy imported goods; and, they also prefer imported goods at promotions, accounting for 65% of online FMCG (fast-moving consumer goods) sales according to Bain & Company and Kantar Worldpanel research.
After listing on NYSE in Sep 2014, Alibaba has been the focus of the whole world. Affected by multiple factors, Alibaba hasn’t been performing as investors expected. Whether Double 11 2015, the biggest annual online sohpping day in China, will take a favorable turn influences investors’ confidence to some extent.
On double 11 of 2014, Alibaba’s transaction value exceeded RMB57.1 billion (US$9.28 billion) which created a new record. However, there is false prosperity behind Double 11 in 2014.