In all, the figure for this years Singles Day is up 60 percent from 2014. The results are preliminary and unaudited, Alibaba said. Of the total value of transactions, 68 percent was through orders from mobile devices. Hangzhou, China, January 29, 2015 Alibaba Group Holding Limited (NYSE: BABA) today announced its financial results for the quarter ended December 31, 2014.On November 11, 2014, our Singles Day promotion generated GMV settled through Alipay of RMB57 billion (US9.2 billion) on our China Thats not only a poor Scrabble score but we also couldnt find any results matching .Alibaba broke its previous Singles Day sales record by a significant figure. The ecommerce giant saw sales of 91.2bn yuan (14.3bn, 9.4bn), a 60 increase on 2014. Nov 6, 2014, 2:38 pm EST November 6, 2014.China just gave Alibaba Group Holding Ltd. (BABA) an amazing edge on Singles Day over rival e-commerce companies including JD.com (JD) in the scramble for the wallets of young Chinese adults who increasingly shop online. Singles Day sales have grown from around 100 million in 2009 to 9.3 billion in 2014, according to research firm IDC.In order to increase the spectacle of the day this year, Alibaba is moving its results ceremony, where it calculates how many sales were generated, from its headquarters in By Adam Jourdan HANGZHOU China (Reuters) - E-commerce giant Alibaba Group Holding Ltd reported more than 9 billion in sales on Chinas Singles Day on Tuesday, illustrating the buying power of the Chinese consumer and the importance of the event in the retail calendar. Real-time figures on. Its been embraced by retailers, and has become the biggest online shopping day in that country -- and therefore the world. The Chinese online retailer Alibaba says it brought in a record 9 billion on Singles Day this year. By SHANSHAN WANG and PAUL MOZURNOV.
11, 2014. Continue reading the main story Share This Page.BITS BLOG. For Online Retailers Like Alibaba, Singles Day in China Is a Bonanza NOV. 11, 2014. Alibaba Singles Day vs.
US Cyber Monday Sales Growth.2014. 0. Source: Alibaba SEC Filing, Past Performance Is No Guarantee Of Future Results. Softbank and Yahoo!s Investment In Alibaba. Total gross merchandise volume, a measure of sales, matched the 2014 Singles Day figure of 9.3bn just after midday, the Chinese e-commerce giant Alibaba said. The 2015 sale has eclipsed last years final results in a little over half the time, it said. Alibaba reported that sales from Singles Day amounted to 25.3 billion, a 40 percent jump from last years figures.Google expands featured snippets to give multiple results. More than a third of all US adults use Instagram now. A big promotion day for Alibaba, which surpassed its sales total from last years event hours before it closed, despite overall growth slowing. This year, Alibaba marked Singles Day — the planet biggest online shopping event — with a splashy Singles Day is a celebration for unmarried people in China, and was adopted by the Alibaba Group in 2009. The holiday is a twist on the long-running tradition of Valentines Day. It was invented by students in the early 1990s. And this year might the biggest Singles Day ever for Alibaba, founded by former English teacher Jack Ma. Sales are expected to reach 20 billion--a 40 year-over-year surge, according to estimates by New York-based research firm Fung Global Retail Technology. Just halfway into this years Singles Day shopping event, Alibaba has eclipsed its record sales result from 2014. The e-commerce giant says it generated 10 billion in gross merchandise volume (GMV) within 14 hours of the start of the shopping event — well above last years record of 9.3 billion Alibaba reached the blockbuster figure of 91.2 billion or 14.3 billion in sales on Singles Day 2015.With 9.3 billion in sales in one day in 2014, Alibabas Singles Day (November 11) turned into the worlds largest online promotional event. Nov. 10 -- Alibaba is moving the base for its annual Singles Day shopathon to the former Olympic aquatics center in the capital, and its bringing Preliminary results from Chinas biggest online shopping event, Alibabas Singles Day, show sales of RMB57.1 billion in 24 hours, approx.The 2014 figures were way up on the 2013 results, which generated RMB36.2 billion on the Alibaba platform (AUD6.8 billion). Alibaba Group Holding Ltd. (NYSE: BABA) has its biggest weekend of the year: Singles Day.Tuesday, November 11, 2014 - 8:44am Alibaba buyers, Alibaba Singles Day, BABA, Price Target, Technicals, Analyst Ratings, Trading Ideas. New Delhi, Nov 11: E-commerce giant Alibaba on Saturday said that the company recorded a sale of 18 billion on Singles Day this year.Tripura, Meghalaya And Nagaland Election Results Live Updates. Chinas Singles Day is an entertaining festival widespread among young Chinese people, toThis festival has become the largest online shopping day in the world, with Alibabas sales at US 5.8 billion in 2013, US 9.3 billion in 2014, USAlibabas Results Werent Great, But Cloud Is Still Promising. Birth of a festival. Alibaba founder Jack Ma started using Singles Day, an unofficial Chinese holiday celebrating single people, toNow it is the worlds biggest online shopping festival, with last years event selling 14.3 billion worth of goods in 24 hours — up 55 per cent on the 2014 results. Singles Day on Nov. 11 is promoted by e-commerce giant Alibaba as the worlds biggest online shopping event. AFP/Getty Images hide caption."Some merchants in China have questioned whether results from the Nov. However, engineers failed to get the results they wanted in the first three years. This year, however, they came up with "Project Vanguard," an unmanned stress test.
Alibaba says Singles Day shoppers spend 2b in first hour. Al Bhatti, Nov 11, 2014, in forum: Members Club. Singles Day The Singles Day shopping festival, which originated on Tmall in 2009, has becomeWithout this one-time charge, interest expense in the quarter ended December 31, 2014 would haveAlibaba Groups management will hold a conference call to discuss the financial results at 7:30 a.m Alibaba reaches this figure by calculating the gross merchandise volume sold on November 11th. It sold 17.79 billion worth of products combined in a single day, up from 32 percent from Singles Day 2015. Chinese e-commerce giant set a new sales record during Chinas Black Friday sale equivalent leaving everyone else in the world far behind. Too good to be true sales make American and Chinese authorities suspicious. Here is a comprehensive list of all the Alibaba statistics you need to know including Taobao, Tmall, UCWeb, Singles Day, etc.Number of transactions handled by Alibaba on Singles Day 2017: 1.48 billion transactions. Alibaba Group, one of the biggest e-commerce sites, has had stellar sales performance for Singles Day 2017 by raking in 25 billion in just one day. Alibaba Group Holding Ltd. broke its Singles Day sales record with room to spare, offering assurances about the strength of the Chinese consumer despite the nations economic slowdown. Punjab Education Commission (PEC) 8th Class Result 2015 Announced. March 31, 2015.July 13, 2014. Pakistan to play India in Asia Junior Hockey Cup final. November 22, 2015.Chinas e-commerce giant Alibaba moved 17.8 billion in sales during its Singles Day sale on Friday, smashing SunTrust Robinson Humphrey analyst Rob Peck, who reiterated his buy rating on Alibaba on Monday, says he expects 2014s Singles Day to generate more sales than this years entire U.S. Cyber Week, which follows on the heels of the Thanksgiving and Black FridayAuthors. Topics. No results found. Chinese online shoppers spent a record 25 billion on this years Singles Day promotion run by e-commerce giant Alibaba, up nearly 40 percent from last year, figures showed on Sunday. Alibaba.com - Homepage Banner. Alibaba Singles Day: 2016 Sales Results. Published on November 14, 2016.Alibabas websites Tmall and Taobao took over sales records: US 5.8 billion in 2013, US9.3 billion in 2014 and over US14.3 billion in 2015. Alibaba Singles Day Sales Surge 60 Percent to 14.3 Billion. Reuters | Thursday November 12, 2015. Alibaba said the results are preliminary and unaudited, and of the total value of transactions, 68 percentAlibaba Spent 161 Million Fighting Fakes Since 2013. Tuesday December 23, 2014. BEIJING—Alibaba Group Holding Ltd. reported a blockbuster 14.3 billion in sales during Chinas Singles Day online shopping festival Wednesday, further highlighting the resilience of the Chinese consumer despite a flagging economy. The results, posted by the Chinese BEIJING — Consumers spent 14.3 billion on Alibabas shopping platforms for the Singles Day shopping festival, beating analysts expectations and smashing the Chinese e-commerce giants 2014 sales record of 9.3Alibabas mind-blowing Singles Day results have not come without criticism. Singles Day is Chinas biggest e-commerce day of the year, complete with a nationally televised party and concert. The day originated as an anti-Valentines Day, encouraging single people in China to buy gifts for themselves. Alibaba broke records with 2016s event Alibaba pulled in a record-breaking 9.3 billion in sales on Singles Day, the biggest online shopping day in the world, the company said Tuesday. The sales number blows past Alibabas previous record of nearly 5.8 billion during the 24-hour period on Nov. 8-O. This makes Cyber Monday look small. 278 million orders valued at over 9B US in one day. This statistic presents online consumer spending on Alibabas Tmall and Taobao e-commerce properties during the 24-hour Singles Day sales. In 2017, consumer spending on November 11 amounted to 25.3 billion U.S. dollars. 10 Nov 2014. In 2012, Alibaba, which acts as an online marketplace similar to Amazon or eBay, trademarked several terms relating to Singles Day.Catch up on all the latest football news and results. This is consistent with results from previous years. The most popular made-in-US categories included athletic footwear and consumer electronics. Source: Fung Global Retail Technology. Alibaba Singles Day First Few Hours of Sales Broke Records.1.7. 1.2. 2014. 9.3. 2.6. Singles Day was originally created by Alibabas CEO Daniel Zhang to gin up online sales, and is the biggest shopping day in the world. The holiday always takes place on the eleventh day of the eleventh month of the year, and its not just limited to Alibaba pushing Singles Day. Singles Day or Guanggun Jie is a holiday popular among young Chinese people that celebrates their pride in being single. The date, November 11th (11/11), was chosen because the number "1" resembles an individual who is alone. Home Alibaba NewsAlibaba Singles Day sales exceed 12 billion.Things went crazy from 4pm yesterday, and woke up this morning to, quite frankly, staggering results. Alibaba singles day sales update. Updated 5 days ago.Former English teacher Jack Ma founded Alibaba, which floated on alibaba singles day sales update New York Stock Exchange in September 2014. Showing of 0 - 10 from 4 results.Alibaba says Singles Day sales surpass last years 9.3 bln total.Nov 13, 2014. Xiaomi does it again: 1.16 million Mi phones sell in 24 hours at Singles Day sale. Share Location. Results from. Send. Close. Image copyright AFP. Image caption Alibaba sees record sales on Singles Day. Analysis: Celia Hatton, Beijing correspondent, BBC News.What is Chinas Singles Day? 11 November 2014. Alibabas profits up 15 in first results after flotation.