The date of November 11 emerged as a counter-cultural antidote to the sentimentality of Valentine's Day.
In China, Alibaba's main rival, online retailer JD.com, did not provide a sales figure only for Saturday but said cumulative sales over the 11-day period starting on November 1 through Saturday totalled 127 billion yuan ($19 billion US). Mobile transactions made up 90% of sales during the day-long event, with as much as 97% of orders coming from mobile devices in the first minute, Yahoo!
Squali notes, "Strong Chinese consumer buying, 4x growth in global brands, strength in cross border trade, rise of New Retail and ubiquity of mobile drove this outsized performance, and bode well for the company's December quarter". At its peak, the company's processors handled 256,000 transactions per second.
"More than $25 billion of (gross merchandise value) in one day is not just a sales figure", said Daniel Zhang, CEO of Alibaba Group.
The sheer scale of Singles Day is mind boggling. China has 731 million internet users, up 6 per cent from 2016, according to government statistics.
EHS attributed the strong growth to the increasing popularity of the Singles' Day shopping event in Taiwan.
Last week during a visit to China by U.S. President Donald Trump, JD said it would buy $2 billion in U.S. goods, including $1.2 billion in beef, over the next three years.
For example, Amazon has a market cap of $427 billion, whereas Alibaba is at a "mere" $265 billion, but they account for almost the same amount of total retail in the United States and China, respectively (over $4,800 billion each).
And after some years had passed, depending on your perspective, there came a new sales opportunity or a wave of commercial exploitation.
So over the weekend, the ninth version of this co-opted observance took place, and Alibaba says more than a million retailers around the world took part.
Alibaba said more than 140,000 brand and merchants participated, its payments platform, Alipay, processed 1.48 billion transactions and its logistics provider Cainiao Network processed 812 million total delivery orders.
The Surface Pro i5 with 265GB of storage will be marked down $329, and the model with 128GB of storage will be reduced by $229. A highlight each Black Friday season are the Black Friday laptop deals in the Microsoft Store Black Friday sale .
Trump has traded insults and threats with Kim in the past amid escalating tensions over Pyongyang's nuclear and missile programs. Speaking later in Vietnam's capital, Hanoi, Trump said "it would be very, very nice" if he and Kim became friends.
Apart from hinting at the imminent launch, the FCC listing also reveals some specification details about the upcoming A5 (2018). Starting with the FCC certification (via mobilexpose ), it reveals that the smartphone will bear a model number of SM-A530N.
Some have spoken of having felt the tremor in Kuwait. "I felt like I was on a boat, I thought it was vertigo". In Iraq, officials said the quake had killed six people in Sulaimaniyah province and injured around 150.
Detroit closed to within 10-3 with exactly 6:00 left in the initial period on Matt Prater's 46-yard field goal. Kizer was having his best game of the season before suffering a rib injury that forced him to the locker room.
Japanese Economy Minister Toshimitsu Motegi said late on Friday that all 11 countries had now agreed on the plan to move ahead. While the U.S. championed the TPP under former President Barack Obama, Trump said such deals are unfair to his country.
These attacks involve minors and they are completely false and untrue - about something that happened almost 40 years ago. How a vacancy will come about is unknown, though this course of action could theoretically block Moore from the Senate.
An accidental pre-release unboxing of the OnePlus 5T by ZDNet has confirmed the same, showing the OnePlus 5T in all its glory. It is also worth noting that the OnePlus 5T has the fingerprint sensor placed at the back just above the OnePlus logo.
Electronic Arts is set to add another studio to its stable, with Titanfall developer Respawn Entertainment joining its ranks. EA has been a great partner over the years with Titanfall and Titanfall 2 , and we're excited to combine our strengths.
Ruben Loftus-Cheek "really happy" with England debut
Against a well-oiled machine, they will have periods in the game where they control possession but I didn't think they hurt us. Crystal Palace midfielder Ruben Loftus-Cheek has set his sights on playing for England at next summer's World Cup.
Hasbro, Inc. (HAS) Reportedly Mulls Mattel Acquisition
CEO Margo Georgiadis, who took the reins in January, has warned the business would miss its revenue forecast for the full year. That deal would have given Hasbro a direct pipeline into Hollywood, with more movies and TV shows tied to its toy brands.