Alibaba's 11.11 Single's Day Sales Event Broke $9 Billion Record In First 12 Hours

Posted: Nov 11 2015, 1:45am CST | by , in Black Friday 2019


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Alibaba's 11.11 Single's Day Sales Event Broke $9 billion Record in first 12 Hours
Credit: Alibaba

The Alibaba 11.11 24 hour Online Sale event generated over $9.3 billion in sales last year. Alibaba's 11.11 Global Shopping Festival 2015 has reached $10 billion half way into the event.

The scale of the Alibaba Group’s 11.11 Global Shopping Festival 2015 is incredible. The Alibaba 11.11 event, also known as Single's Day sales generated over $9.3 billion in sales last year. Just after 12 hours, last year's record was already broken and the latest numbers put the sales volume at $10 billion. If the momentum continues, the 11.11 sales event could double the sales volume from last year reaching $20 billion.

To put that into perspective. The combined online sales of the Black Friday weekend reached about $6.3 billion in 2014. Alibaba's Global Shopping Festival 2015 could make almost four times as much in sales within only 24 hours.

Alibaba Group President Michael Evans said that the international response has been terrific so far. During the 11.11 festival, Alibaba’s online platforms are not only enable overseas merchants selling to Chinese consumers but also for Chinese retailers selling to consumers in dozens of countries though AliExpress, the company’s global B2C website.

This is the second year Alibaba has been promoting the 11.11 Global Shopping Festival globally, and the 2015 festival is “the most international (sale) yet,” Evans said.

Jack Ma's ecommerce giant has set up a huge screen showing real-time sales numbers and statistics of the 11.11 event. This looks like as impressive as NASA launching a spacecraft.

The company also hosts the 2015 Tmall 11:11 Global Shopping Festival gala in Beijing and James Bond, aka Daniel Craig was a surprise guest on stage.

Daniel Craig at Alibaba

Alibaba provides live updates about the 11.11 Sales event on Alizila.

Alibaba founded the 11.11 shopping festival in 2009 with only 27 merchants as an event for Some refer to the event as the Singles Day Sale because it falls on Singles Day, a day for Chinese young single people to celebrate their independence by treating themselves to a special purchase. Six years later, the 11.11 Shopping event has matured into a global event with participating merchants in tens of thousands, buyers in millions, and total sales in billions.

Consumers outside of China can take part in the 11.11 Shopping Festival through the site. This Alibaba online marketplace allows consumers to buy directly from China. The online store offers $2 off on orders over $19 as a general discount. The 11.11 deals featured include electronics, fashion and more. Smartwatches from Chinese brands are 50% off and the lead electronics deal is a Windows 10 tablet from Teclast selling for $209.99.

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The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
Luigi can be contacted directly at ml[@]




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