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- On "Singles Day" .. Alibaba defeats Amazon with astronomical sales
On "Singles Day" .. Alibaba defeats Amazon with astronomical sales
In just 10 minutes, China's famous e-commerce website, Ali Baba, was able to outperform its US rival, Amazon, in its best selling days in 2018.
The website "Business Insider" on Saturday, the site "Ali Baba" record sales of $ 4.68 billion in the first 10 minutes of the "Day of Singles" celebrated by China, on November 11 of each year.
Sales rose to $ 6.5 billion after Sunday's first 20 minutes, according to local Chinese time.
On "Single Day" in 2017, the site "Ali Baba" sales of up to 25 billion dollars.
Amazon had its highest sales in July, estimated at $ 4.2 billion, according to the Bloomberg economic network, which indicated that Amazon's peak day was 36 hours rather than 24 as usual.
The US company does not release data on its best-selling days, but said that the day's sales surpassed those of big shopping days such as Black Friday and CyberMoney.
The Chinese began celebrating the "bachelor day" of the 1990s in universities to entertain themselves and give each other a chance to look for an ideal partner, but over time new habits entered into the day, including e-shopping to share gifts.
Today, electronic stores in China offer attractive offers on clothing, cosmetics, smart phones, laptops and more.
People are eager to buy what they want to buy from websites, especially "Alibaba", as soon as possible before the quantity runs out, because there are a large number of customers on this day, to benefit from discounts on the price of goods.
Singles were selected in China on