Wow, Alibaba Books Rp 342 Trillion Sales in One Day

By : Ahmad Fadli Dan Aldo Bella Putra | Monday, November 13 2017 - 19:30 IWST

Alibaba (Ist)
Alibaba (Ist)

INDUSTRY.co.id - Jakarta - China's e-commerce giant, Alibaba managed to reap sales up to US $ 25.4 billion or Rp 342.9 trillion (exchange rate Rp 13,500 / US $) in just 24 hours. So November 11, 2017 crowned as the biggest shopping day on earth.

On the same day last year, sales could only reach US $ 17.8 billion. That means there is a rise to 40%, beating Black Friday or Cyber ​​Monday. Similarly, as quoted from CNNMoney, Sunday (12/11/2017).

As is known, November 11 is Singles Day or Singles Day in China. In 2009, Alibaba transformed the day as a massive discount festival.

Beginning the target market of Chinese society, now the festival has spread to many countries. Among these are Southeast Asia through Lazada (a subsidiary of Alibaba), Zalora and Shopee.

How not, consumers are so enthusiastically involved in this festival. Within the first 2 minutes, sales had reached US $ 1 billion. The next 13 hours is up to US $ 18 billion.

News Comment

Today's Industry

Alvara Research

Sabtu, 26 November 2022 - 06:20 WIB

Turnover Rises High, Culinary MSMEs No Problem Paying OFD Platform Commissions

Online food delivery (OFD) services have accelerated the growth of food and beverage (F&B) MSMEs in Indonesia by 1.9 times faster compared to offline sales. OFD platforms enable MSMEs to have…

KB Bukopin Building. (Photo: Kompas.com)

Kamis, 24 November 2022 - 20:43 WIB

Shares Price Falling, Deficit IDR 6.99 Trillion, KB Bukopin Investors Not to Expect Dividends

The shareholders hope of issuers listed on the Indonesia Stock Exchange is of course to produce investment results in the form of capital gains and dividends obtained from the positive performance…

A Health exhibition of Banten Province on November 3-5, 2022 at ICE BSD, South Tangerang, Banten. (Photo: Banten Province PR)

Jumat, 18 November 2022 - 16:14 WIB

Premier Bintaro Hospital Assigned as Banten Medical Tourism Hospital

Banten Province hosted the 58th National Health Day by holding a health exhibition on November 3-5, 2022 at the Indonesia Convention Exhibition (ICE) BSD, South Tangerang, Banten.

GoTo is a blend of Gojek and Tokopedia. (Photo: republika.co.id)

Jumat, 18 November 2022 - 15:31 WIB

Employee Efficiency Considered Realistic for GOTO Growing Healthier

The dynamic and challenging economic situation has prompted many world-class companies to redesign their business strategies. Various ways are taken, such as efficiency and cost optimization,…

Rully Prayoga (dressed in white), the Campaign Manager of World Animal Protection (WAP) Indonesia, is giving a press statement. (Photo: Bang Abe)

Senin, 14 November 2022 - 00:00 WIB

Global Fast Food Restaurants in Indonesia Expected to Guarantee Product Quality

Once a friend opened a conversation by asking why the bodies of wild rats now are so big compared to before, they are not as big as now.