Home > Black Friday, Cyber Monday Sales Don’t Come Close To Alibaba Record

Black Friday, Cyber Monday Sales Don’t Come Close To Alibaba Record


According to Business Insider, even though Cyber Monday set online shopping records in the US this year, it was far less than Alibaba's Singles Day sales record — even when combined with numbers for Black Friday in 2018. According to Adobe Analytics, Alibaba's day of e-commerce deals on November 11 generated more than $4.68 billion in sales in its first 10 minutes. Twenty minutes in, sales surpassed $6.5 billion — exceeding the total of online sales for Black Friday in the U.S. 41.4 million people shopped only online through Cyber Monday this year, setting a new record. However when combined, the total sales don't even amount to half of what Alibaba was able to accomplish.

Added on the 01/12/2018 10:52:18 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • This Cyber Monday Could Make A Record In U.S. Shopping Sales

    According to Reuters, Cyber Monday is expected to bring in a record $7.8 billion in U.S. online sales. It's also going to be a test to see which retailers come out on top in the e-commerce realm. In such a competitive marketplace, retailers like Target are offering perks like deliveries with no minimum order limits. Shoppers are also being bombarded with emails, but some are complaining that it was not a pleasant experience to wake up to so many promotional notices in their inbox.

    26/11/2018 - Wochit
  • Ebay Saw Record Sales On Black Friday And Cyber Monday

    Ebay says it had record-setting Black Friday and Cyber Monday events this year, Business Insider reports. Ebay released a list of some top sellers for Cyber Monday and Black Friday. It sold a Nintendo Switch console every 13 seconds and an Apple Watch every 26. Other top sellers included the Apple iPhone X, Apple MacBook Air, and Adidas Yeezy 350 Boost V2 Cream Triple White shoes. Ebay didn't reveal how much its sales increased over last year in either hard numbers or by percentage.

    28/11/2018 - Wochit
  • Black Friday Online Sales Break Record

    Holiday shoppers eager to snag big discounts turned to the internet in record fashion this week, one tracking company said, driving online sales on Black Friday to a new high. Consumers spent $3.34 billion shopping online on Friday, a 21.6 percent increase from the same day last year, according to Adobe, which tracks online retail transactions.

    26/11/2016 - Wochit
  • Cyber Monday Brings In $7.9 billion In Sales

    According to Adobe Analytics Cyber Monday was on track to bring in a record $7.9 billion in US online sales. Adobe Analytics measures transactions from 80 of the top 100 US retailers. A late evening forecast from Adobe estimated sales would be $100 million more than it had expected earlier in the day. Companies' sales were up 20 percent from a year earlier as of 7 p.m. ET, including a surge in orders placed via mobile phones.

    27/11/2018 - Wochit
  • Despite Record Highs, Black Friday Online Sales Pale Compared To Alibaba's Singles Day

    According to a report by Business Insider, this November, despite hitting record highs, this year's Black Friday sales weren't the biggest online shopping day in the world. On Wednesday, while US shoppers spent 2.4 billion dollars online, Alibaba sales reached 30.8 billion dollars globally on Singles Day, November 11th, far exceeding Black Friday's figures. Business Insider reports that most of those sales were in China, however, next year, Alibaba may attempt to poach holiday shoppers more directly.

    24/11/2018 - Wochit

More videosBusiness

Watch video of Shares Of Blue Apron Dipped To An All-time Low. The Meal-kit Subscription Dropped To $1.81 Per Share On Tuesday. The Company Has Faced Increasing Pressures From Competition, Like HelloFresh. Big Companies Like Walmart And Amazon Entering Its Space. In March, Walmart Announced It Was Launching Its Own Line Of Meal Kits. The Company Has Struggled To Attract New Customers And Retain Old Ones Since Going Public Last June. - Blue Apron Shares Drop To A New Low - Label : Wochit -

Blue Apron Shares Drop To A New Low

03/04/2018 21:21:24