Alibaba sets new record ahead of Singles Day; 100 brands break $15 million in 2 hrs

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中알리바바 이벤트서 100개 브랜드 개별 매출 2시간만에 170억원

Chinese e-commerce giant Alibaba has set a new record,... on its unofficial Singles Day sales event on Sunday.
One-hundred brands at its Tmall have EACH raised 15 million dollars in less than two hours.
The first brand to do so was Adidas,... taking just 60 seconds.
Cosmetic brands and electronic devices like smartphones were also popular.
Singles Day, which falls on November 11th, is the biggest shopping frenzy in China,.. similar to Black Friday in the U.S.
Alibaba's sales hit a record 38 billion dollars last year.

2020-11-02, 07:00 (KST)

#Alibaba #China #economy