Alibaba set New Singles Day sale record with more than $38 billion

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Life Alibaba set New Singles Day sale record with more than $38 billion
2019-11-12 16:32:31 ·
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Chinese e-commerce Alibaba set a sales record just on Singles Day 2019. The total value of goods surpassed last year's 213.5 billion yuan (nearly $30.5 billion) on Monday morning and has continued to grow for the rest of the day. At the end of the transaction, GMV was 268.4 billion yuan, an increase of only 26% over the same period last year. This is 27% lower than last year's Singles growth rate. In dollar terms, the GMV is about $38.3 billion.
Tags：alibaba singles day GMV,  alibaba one day sale record,  alibaba singles day 2019
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