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

mobile commerce record

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…

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

Chinese mobile payments

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…

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