The world’s busiest shopping day has wrapped up for 2019, setting a new record for the value of online transactions processed in a 24-hour period.  This year Alibaba generated US$38.4 billion of gross merchandise volume (GMV) during its November 11 sale, an increase of 26 per cent compared to 2018.

The world’s largest online sale is expected to be even bigger this year, and the company behind it wants to make it more environmentally friendly.  Preparations are underway for Alibaba’s 11.11 sale, also known as Singles’ Day. First held in 2009, 11.11 has now grown into weeks of discounts and

Alibaba Singles Day 2018

It was a busy weekend for Chinese ecommerce giant Alibaba which processed US$30.8 billion (AU$42 billion) of gross merchandise volume (GMV) during its annual 24-hour sale, known as double eleven or Singles’ Day. The final figure for the sale, which measures the value of transactions processed via Alibaba’s marketplaces on

Alibaba Group has officially kicked off its 2018 11.11 Global Shopping Festival in China’s capital Beijing, promising this year’s mega-event will be the largest-ever in terms of scale and reach. “This year marks the 10th anniversary of 11.11. On the back of China’s explosive digital transformation, the Festival’s astounding growthover

Alibaba 11.11 2017

Alibaba isn’t slowing down. The Chinese ecommerce giant smashed its own sales record overnight, processing US$25.3 billion of gross merchandise volume during its annual 11.11 sale, also known as Singles’ Day. The world’s largest online shopping event grew 39 per cent, surpassing last year’s total of $17.8 billion shortly after

Alibaba is expecting 140,000 brands to participate in its giant 11.11 sale this year. Held annually on the 11th of November, Singles’ Day is the world’s largest online shopping event. Last year 100,000 merchants participated in Alibaba’s 24-hour sale and its ecommerce platforms processed almost US$17.8 billion. In 2016 Australia