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Online and mobile commerce record broken by Alibaba’s Singles’ Day

11/15/201711/13/2017 Jorge Gonzalez

More smartphone shoppers than ever took part in the huge bargain purchasing event. The Alibaba Singles’ Day Shopping Festival managed to break online and, especially mobile commerce record figures once again this year. Chinese shoppers used their mobile devices to grab great discounts leaving former records in the dust. The estimated total sales for the event continued to rise until reaching an estimated $19 to $25 billion. The event itself is practically designed to break the mobile commerce record of the year before. It is a combination between a bargain…

M-commerce shopping proves enormous during China’s Singles Day

11/16/201611/14/2016 L. Green

The channel experienced a 32 percent growth in use and broke all previous records in the country. Alibaba was once again able to bring m-commerce shopping to new heights over Singles Day in China. This year’s event saw a massive shift toward mobile, which proved to be the deal hunter’s method of choice for finding and purchasing products. Alibaba has reported that this year’s Singles Day in China left all previous records behind. Singles Day in China occurred on November 11. As has been the case in previous years, it…

Mobile commerce wins big during China’s Singles Day

11/14/201411/12/2014 Stephen Vagus

Singles Day shows the power of mobile shopping in China China’s Singles Day, which is the equivalent of Black Friday elsewhere, has been a major success in terms of mobile commerce. Last month, downloads of mobile payment and shopping applications rose by 80% as consumers prepared to do their shopping online and at physical stores. According to App Annie, the average popularity of mobile commerce apps throughout China rose to #169 during October, up from #227 during the same month last year. Alibaba sees approximately 50% of its sales come…