Alibaba’s $74 billion Singles Day record overshadowed by 10% stock plunge as China proposes new regulation
알리바바 11•11 쇼핑축제 83조 기록 세웠지만 시총 70조 증발
Despite worries about COVID-19, Alibaba hit a record 74 billion dollars in sales on Wednesday during the biggest shopping event in China,... known as "Singles Day".
That's nearly double the previous record.
The Chinese e-commerce giant says the strong numbers indicate the recovery of domestic consumption post-pandemic.
The surge is also attributed to three extra days of a pre-sales period earlier this month.
Despite the massive figures, Alibaba's stock plunged by nearly 10 percent,... as it faces more regulatory threats from the Chinese government.
A total of 63 billion dollars was wiped off Alibaba's market cap in a day.
2020-11-12, 07:00 (KST)
#Alibaba #stock #China
알리바바 11•11 쇼핑축제 83조 기록 세웠지만 시총 70조 증발
Despite worries about COVID-19, Alibaba hit a record 74 billion dollars in sales on Wednesday during the biggest shopping event in China,... known as "Singles Day".
That's nearly double the previous record.
The Chinese e-commerce giant says the strong numbers indicate the recovery of domestic consumption post-pandemic.
The surge is also attributed to three extra days of a pre-sales period earlier this month.
Despite the massive figures, Alibaba's stock plunged by nearly 10 percent,... as it faces more regulatory threats from the Chinese government.
A total of 63 billion dollars was wiped off Alibaba's market cap in a day.
2020-11-12, 07:00 (KST)
#Alibaba #stock #China
- Catégories
- E commerce Divers
Ajouter un commentaire
Up Next
Autoplay
-
03:48
Alibaba's Singles Day overshadowed by China's new antitrust proposal
-
11:00
How to do eCommerce? | Alibaba Singles' day sales of 2020 | A new world record of $74 billion
-
06:10
Alibaba sets new Singles’ Day record of $56 billion as China sell-off deepens on new China rules
-
01:28
Alibaba Singles Day Sales Hit $56 Billion With Record Peak Of 583,000 Orders Per Second
-
06:35
Alibaba (BABA) Stock Soars on Singles Day Record Sales!
-
1:30:45
ML ACADÉMIE FORMATION E-COMMERCE EN LIGNE, ENTREPRENDRE, GESTION PAGE, FRELENCE & COACHING WEBINAIRE
-
01:06
DESACTIVER Facebook RENCONTRE, comment mettre en pause son profil ou un compte Facebook Dating
-
18:53
Un Business Ultra Rentable à Lancer en Afrique : Gagne 1 750 000 FCFA Par Mois
-
04:35
Guadagna con l'affiliazione Agrieuro
-
09:14
MLM/LA PROSPECTION TRADITIONNELLE M'A RUINE ET ET EPUISE DANS MON MLM
Chargement...
Commentaires