More than $30 billion: Alibaba broke the record for sales in a boutique

Traditional holiday boutique November 11, sellers at sites, Chinese online giant Alibaba has received a record $30.8 billion of revenues.

Traditional holiday boutique November 11, sellers at sites, Chinese online giant Alibaba has received a record $30.8 billion of revenues.

Traditional holiday boutique November 11, sellers at sites, Chinese online giant Alibaba has received a record $30.8 billion of revenues.
Said?

AliExpress, Taobao and Tmall is the most famous shopping Alibaba. In just 85 seconds after the start of sales total purchase amount exceeded $1 billion, and in the first hour retailers sell goods for more than $10 billion.

A year ago, shoppers spent about $24 billion Alibaba managed to improve performance by 27%. However, the last time the company gained as much as 40%. The decline in growth associated with the slowdown of China’s economy and strained trade relations with the United States. But there is another equally important reason.
Price matters

On sale buyers expect to see interesting proposals, but often the discount is so small that specifically wait for a “day of shopping” makes no sense. There is a separate category of sellers overprice for a few days before

To get the coupon, sometimes you have to waste time on another stupid game and invite friends. That’s only a savings of 10-15% (at best) not worth the effort.

Sources: CNN, NYT