USEUROPEAFRICAASIA 中文双语Français
Home / Top News

Spending climbs by 39% on this year's Singles Day

By He Wei in Shanghai | China Daily | Updated: 2017-11-13 07:12

Bargain hunters splurged by spending a record 168.2 billion yuan ($25.3 billion) during this year's Singles Day on Saturday, the world's largest daylong discount gala, as e-commerce giant Alibaba Group took the online shopping spree to brick-and-mortar stores and beyond the nation's borders, banking on China's technological prowess.

Spending surged 39.3 percent during 2017's sale - the ninth iteration of the event - as consumers from 225 countries and regions scooped up goods that included apparel, mobile phones and motor vehicles from 140,000 brands that offered promotions during the annual jamboree.

The tech behemoth broke last year's 120.7 billion yuan total shortly after 1 pm, and gained fresh steam as overseas shoppers joined the fray in the afternoon, seeking good deals from China.

Spending climbs by 39% on this year's Singles Day

Today's Top News

Editor's picks

Most Viewed

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US