Friday May 25, 2018
Home > News > Economy
Text:| Print|

Alibaba pockets 3 bln U.S. dollars on 'Singles' Day'

2012-11-12 14:15 Xinhua     Web Editor: Gu Liping comment

China's e-commerce giant Alibaba pocketed 19.1 billion yuan (3.04 billion U.S. dollars) during its "Singles' Day" shopping promotion on Nov. 11, it announced on Monday.

The figure was three times more than that of last year, according taobao.com, a key sales platform under Alibaba.

The e-commerce company launched its 24-hour 50-percent-off carnival on Sunday. Nov. 11 or 11.11 has four "1"s, which represents a single person.

Figures from other e-commerce competitors are not available yet.

Comments (0)

Copyright ©1999-2011 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.