Hi friends ,november 11 which is called as singles day and many online shopping sites gave offers and discounts.In that Alibaba is not an exception which was predicted $9billion worth products.When we calculating in indian rupees it is ~54 thousand crores.Unfortunately alibaba not yet started shopping in india but may be available soon, because it made some discussions with some indian online shopping sites.
Detail about alibaba
Alibaba is a chinese based group company which was started by Jackma in the year 1999 and it works on all internet related industry.In that online shopping is also an one of the important part in alibaba group.Now it made look all over the world.Alibaba main working region is china.About the $9 billion dollar sale
In this sale 42% transaction was made in smartphones.And the sales includes from bottles to cars.Daniel Zhang, Alibaba Group’s chief operating officer said,
This year’s sale saw over 1.2 million large home appliances, 3 million lighting products, 200,000 bottles of laundry detergent and 50,000 new cars sold in the 24-hour period.Where jackma said,
At $9.3 billion (RMB 57.11 billion), 11.11 sales far outdistanced similar online promotions in the U.S., the world’s largest economy. The country’s 24-hour Cyber Monday sale generated sales of $1.735 billion last year.
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