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)
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.
Read Also
Today's Industry
Senin, 27 Maret 2023 - 17:50 WIB
Local Textile Products Made by BELL Boost Income in 2022
PT Trisula Textile Industries Tbk ("BELL"), a textile manufacturer for clothing materials including uniforms, and quality fashion, supports the government's campaign to promote the purchase…

Senin, 27 Maret 2023 - 16:38 WIB
Achieved the Highest Revenue in History, MTDL Booked IDR 21 trillion in 2022
PT Metrodata Electronics Tbk (“MTDL”), a Digital Information and Communication Technology (ICT) issuer, especially in the field of Digital Solutions and Consulting and Digital Distribution,…

Senin, 27 Maret 2023 - 15:25 WIB
President Jokowi Receives PP Pemuda Muhammadiyah Visit
Indonesian President Joko Widodo (Jokowi) received a visit from representatives of the Muhammadiyah Youth Central Executive (PP) on Monday (27/03/2023), at the Merdeka Palace, Jakarta.

Senin, 27 Maret 2023 - 14:25 WIB
To Anticipate Traffic Congestion, the Government Will Implement Measurable Traffic Engineering
The Minister of Transportation (Menhub) Budi Karya Sumadi said that his ministry in collaboration with the Indonesian Police Traffic Corps (Korlantas) and Jasa Marga would implement a more measurable…

Sabtu, 25 Maret 2023 - 20:00 WIB
The Government Maintains Availability and Price Stability of Staples Ahead of Eid
Indonesian President Joko Widodo (Jokowi) instructed his staff to take steps to prepare and anticipate the availability and price stability of basic commodities ahead of Eid al-Fitr.
News Comment