November 04, 2019
In comparison with Singles Day
In comparison with Singles Day, desktop sales for the five days from
Thanksgiving through Cyber Monday in the United States last year stood at $6.
But Alibaba -- listed on the New York Stock Exchange -- shrugged off the
allegations, asserting that it owns the "Singles Day" brand. But some consumers
also expressed concerns about fake products.
Today wholesale hot water tap electric faucet the
chicken reported on the duck, accusing the duck of monopolising the lake," said
a spokeswoman for Alibaba's promotional event, according to Chinese media
report. Total gross merchandise volume, a measure of sales, matched the 2014 US
dollar total of $9."Good luck.3 billion just after 12:30 pm (0430 GMT), after
the promotion began at midnight.com reportedly filed a complaint with the
government last week, accusing Alibaba of monopolising the market by restricting
suppliers from participating in other operators' promotion events on November
11.At first it was marketed as an "anti-Valentine's Day", featuring hefty
discounts to lure the country's singletons and price-sensitive
buyers.Nasdaq-listed rival online marketplace JD. In an earlier release
Alibaba's chief executive officer Daniel Zhang said."
Singles Day" is not a
traditional Chinese festival, but Alibaba has been pushing November 11 -- 11/11
being a date heavy on ones -- since 2009 as it looks to tap an expanding army of
Internet shoppers in China, which has the world's biggest online population of
668 million.11 event", said a posting on a social media account of Tmall, the
group's business-to-consumer arm.56 billion, according to Internet analytics
firm comScore. "The whole world will witness the power of Chinese consumption
this November 11.Chinese Premier Li Keqiang's office phoned Alibaba chairman
Jack Ma hours ahead of the promotion kicking off, "congratulating and
encouraging the creation and achievement of the 11.
The whole world will
witness the power of Chinese consumption this November 11 Beijing: Shoppers
spent around $9 billion in the first 12 hours of China's "Singles Day" sale on
Wednesday, e-commerce giant Alibaba said, in the world's biggest online shopping
day."I can only afford to eat dirt for the next half year," said a user on the
Twitter-like Sina Weibo, with an attached screengrab of a Taobao app showing she
had bought 42 items
With sales hitting new highs year after year, "Singles Day"
has become a lucrative business opportunity embraced by all online retailers in
China, with competition between them turning increasingly fierce.The whole world
will witness the power of Chinese consumption this November 11 11 11 global
shopping festival china.Chinese Internet users showed off their acquisitions
Wednesday -- with many lamenting that they had spent far too much money.The
event has received vocal support from the government at a time when China's
economic expansion is slowing and Beijing is trying to transform the growth
model into a more sustainable one driven by consumption. - Rival claims -
Headquartered in the eastern city of Hangzhou, Alibaba does not sell products
directly but acts as an electronic middleman, operating China's most popular
consumer-to-consumer platform, Taobao, which is estimated to hold more than 90
percent of the market."The 2015 sale has eclipsed last year's final results in a
little over half the time," it said. Hope you guys will not get phoney products
or things that turn out to be useless," said a Weibo user.Ahead of the shopping
spree, Alibaba mounted a television spectacular at Beijing's Water Cube Olympic
swimming venue, featuring Chinese and foreign celebrities including James Bond
actor Daniel Craig, and Hollywood star Kevin Spacey in his role as President
Frank Underwood from the Netflix series "House of Cards"
Posted by: instantwaterc at
03:06 AM
| No Comments
| Add Comment
Post contains 597 words, total size 4 kb.
12kb generated in CPU 0.009, elapsed 0.0302 seconds.
33 queries taking 0.0254 seconds, 48 records returned.
Powered by Minx 1.1.6c-pink.
33 queries taking 0.0254 seconds, 48 records returned.
Powered by Minx 1.1.6c-pink.