Alibaba Group Holding on Thursday announced a record sales tally of US$74.1 billion for its extended campaign for Singles' Day, the world’s biggest online shopping event on November 11, in Hangzhou. Photo: Bloomberg
Alibaba Group Holding on Thursday announced a record sales tally of US$74.1 billion for its extended campaign for Singles' Day, the world’s biggest online shopping event on November 11, in Hangzhou. Photo: Bloomberg
Alibaba

Singles’ Day: annual shopping event helps raise performance of China’s cloud services sector

  • Alibaba Cloud processed a peak of 583,000 orders per second in the first 26 seconds after midnight on November 11
  • Revenue for Alibaba Cloud reached US$2.2 billion in the September quarter, up 60 per cent from a year ago, on the back of demand from the internet, finance and retail industries

Topic |   Alibaba
Alibaba Group Holding on Thursday announced a record sales tally of US$74.1 billion for its extended campaign for Singles' Day, the world’s biggest online shopping event on November 11, in Hangzhou. Photo: Bloomberg
Alibaba Group Holding on Thursday announced a record sales tally of US$74.1 billion for its extended campaign for Singles' Day, the world’s biggest online shopping event on November 11, in Hangzhou. Photo: Bloomberg
READ FULL ARTICLE