Over US$10 billion spent in half an hour on Alibaba's 11.11 shopping event.

The largest spending in half an hour on a single day.


Ken Ho

11 Nov, 2019

Over US$10 billion spent in half an hour on Alibaba's 11.11 shopping event. | BEAMSTART News

- From our Sponsors -

Chinese consumers collectively spent over US$10 billion in under 30 minutes at Alibaba’s 11.11 Singles’ Day shopping event earlier today.

Alibaba’s Singles’ Day shopping festival, which falls November 11 every year, is the world’s largest shopping festival, where users are able to get significant discounts on a huge number of items across all of Alibaba's platforms. 

Last year, total sales for the singles day event amounted to US$30.8 billion.

This year, Hong Kong, the US, the UK, Australia, and Japan were among the top spenders when the event kicked off.

At the event's open, the top 5 consumer regions in mainland China were Guangdong, Zhejiang, Jiangsu, Shanghai and Shandong.

Apart from Alibaba, competitors like JD.com and Pinduoduo have also launched their very own Singles’ Day campaigns, enticing buyers to spend on their platforms as well.

- From our Sponsors -

Latest Jobs

Software Engineer

Confido

New York,

Full Time

USD 170000 — USD 200000 yearly

Founding Full-Stack Engineer (Front-End Leaning)

Solve Intelligence

England,

Full Time

USD 100000 — USD 200000 yearly

Backend Software Engineer

Aurelian

Washington,

Full Time

USD 140000 — USD 190000 yearly

Backend Engineer – LLM & Voice AI

Feather

Full Time

USD 24000 — USD 42000 yearly

Founding Growth

Circleback

California,

Full Time

USD 125000 — USD 200000 yearly

Full Stack Engineer

Runway

Full Time

USD 100000 — USD 150000 yearly

Contact Center / SIP Engineer

Salient

California,

Full Time

USD 120000 — USD 300000 yearly

Senior Backend Engineer

Ziina

Dubai,

Full Time

USD 90000 — USD 135000 yearly

Senior Full Stack Engineer

Piramidal

New York,

Full Time

USD 120000 — USD 250000 yearly

SDR

Corgi

Texas,

Full Time

USD 65 — USD 85 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).