Saturday , October 1 2022

Alibaba exceeded the Individual Day record, but the growth slowed


Shortly before Chinese midnight, the company has sent over a billion packs in his opinion. During the first 85 seconds, Alibaba had spent over a billion dollars, and in the first hour it was almost ten billion dollars. Last year's record dropped less than 16 hours. App Annie, according to an analyst company, has, however, had Bill Money's billionaire enterprise to earn up to $ 32 billion this year. Year-on-year growth has slowed to 27 per cent last year, and this is the weakest in the ten-year history of artificially created festivals, also known as Double 11.

"With the growing number of promotions during the year, consumers now no longer feel that Double 11 is the only chance to save," said Peter Yip, an analyst at Oliver Wyman, to Reuters. At the beginning of the month, Alibaba dropped its sales prospects for the financial year this year. Now he counts the sale from 375 billion to 383 billion yuan by the end of March 2019, six percent less than that of the fore. In addition to other Chinese companies, according to Reuters, the US-Chinese business accident.

On Saturday evening, American singer Mariah Carey, imitator of Japan, and Cirque du Soleil, Circus du Soleil, Circus du Soleil, began a ceremony on a shoe shop. Alibaby intended to create contradiction with Valentine's Valentine romance. The BBC has, by the BBC, managed to do so. Singles Day is the largest online shopping event in the world, and last year, according to Bloomberg, it's more successful than the two Black and Cyber ​​Mondays of the World with together.

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