Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Chinese Singles' Day Eats Cyber Monday For Breakfast
11-14-2017, 01:22 AM,
#1
Chinese Singles' Day Eats Cyber Monday For Breakfast
Chinese Singles' Day Eats Cyber Monday For Breakfast

<p>As online retailers in the United States prepare for&nbsp;<a href="https://www.statista.com/chart/11791/thanksgiving-weekend-shopping-intentions/" target="_blank">Cyber Monday</a>,<em> i.e. the biggest online shopping day of the year,</em><strong><em> China&rsquo;s largest e-commerce company just recorded the biggest day in its history.</em></strong></p>
<p><a href="https://www.statista.com/chart/11810/singles-day-vs-cyber-monday-and-black-friday/"><em>As Statista's Felix Richter notes, </em></a>on November 11, Chinese Singles&rsquo; Day,<strong> online shoppers bought merchandise worth more than $25 billion across Alibaba&rsquo;s platforms</strong> (mainly Tmall and Taobao), shattering last year&rsquo;s sales record in the process.</p>
<p>Alibaba processed 812 million orders within 24 hours and its payment service Alipay handled 1.5 billion transactions during the day, peaking at an incredible 256,000 transactions per second.</p>
<p>Compared to these numbers, <strong><em>Cyber Monday and Black Friday look like celebrations of frugality.</em></strong></p>
<p><a href="https://www.statista.com/chart/11810/singles-day-vs-cyber-monday-and-black-friday/" title="Infographic: Chinese Singles' Day Eats Cyber Monday for Breakfast | Statista"><img alt="Infographic: Chinese Singles' Day Eats Cyber Monday for Breakfast | Statista" src="https://infographic.statista.com/normal/chartoftheday_11810_singles_day_vs_cyber_monday_and_black_friday_n.jpg" style="height: 428px; width: 601px;" /></a></p>
<p><em>You will find more statistics at <a href="https://www.statista.com/">Statista</a></em></p>
<p>In 2016, total Cyber Monday e-commerce sales in the United States amounted to $3.06 billion with Thanksgiving and Black Friday adding another $3.79 billion to a weekend total of $6.85 billion.</p>
<p><strong>This year&rsquo;s Thanksgiving weekend will likely bring about another record in U.S. e-commerce history, but it won&rsquo;t come close to matching China&rsquo;s largest shopping extravaganza.</strong></p>


<div class="field field-type-filefield field-field-image-teaser">
<div class="field-items">
<div class="field-item odd">
<img class="imagefield imagefield-field_image_teaser" width="734" height="371" alt="" src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/20171113_1111.jpg?1510621969" /> </div>
</div>
</div><img src="http://feeds.feedburner.com/~r/zerohedge/feed/~4/Cl-416kTLnw" height="1" width="1" alt=""/>


http://feedproxy.google.com/~r/zerohedge...-breakfast
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)