Alibaba Singles Day 2015 just became the biggest online shopping day in history
Chinese consumers spent almost £6bn on Alibaba’s internet shopping platforms by 11.49am, surpassing last year’s full-day record before lunch.
These numbers are just staggering….Alibaba invented ‘Singles Day’ in 2009. Just reading these sales figures and the distribution stats will blow your mind. Here are some of the stats just to help you along.
Personnel involved:1.7 million
Delivery Vehicles: 400,000
Products on sale: 6 million
Number of Merchants: 40,000
Spend: $1 Billion spent in 8 minutes | $3 Billion within 30 minutes | $5 Billion within 90 minutes | $9 Billion with 12 hours left
If you’ve got a product, launch it in China.
What a massive undertaking but obviously showing the numbers above, worth it for Jack Ma, the chairman of company.