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

Application-based transportation provider, Grab Indonesia (Foto Ist)

Jumat, 19 Oktober 2018 - 11:43 WIB

SoftBank Case, Lippo Bribes Question Grab Business amid Blood Money Swirl

Two major cases which have now charged Grab investors, namely SoftBank and Lippo Group, are expected to threaten the online transportion operator's business credibility.

Grab (Ist)

Kamis, 11 Oktober 2018 - 12:36 WIB

Women Activists Criticize GRAB Indonesia on Victims Harassment Mediation

A number of women activists express their anger and regret at the GRAB Indonesia. The Malaysian applicator response to bring together between a driver partner who is allegedly harassed his passengers…

Panen Padi (Foto Dok Industry.co.id)

Senin, 08 Oktober 2018 - 03:30 WIB

Banten Lebak Farmers Harvest 55,622 Tons of Dry Grain

Lebak-Petani in Lebak Regency, Banten, during September 2018 harvests rice in an area of ​​9,347 hectares of paddy fields with a production of 55,622 tons of dried pungut (GKP) grain.

Bawang Merah (Ist)

Senin, 08 Oktober 2018 - 03:00 WIB

Kelompok Tani Sengingi Riau Panen Bawang Merah

Kuantan Singing - Beken Jaya Benai Farmer Group in Kuantan Singingi Regency, Riau Province harvesting shallots up to tens of tons managed on a quarter hectare of land, the results can improve…

Senin, 08 Oktober 2018 - 02:30 WIB

PT Pertamina Lubricants Wins Two TOP CSR 2018 Awards

Jakarta - PT Pertamina Lubricants managed to bring home two awards at the TOP CSR 2018 TOP CSR category on Lubricants Business, namely for the Corporate Social Responsibility (CSR) Enduro Student…