Alibaba's Singles' Day sales exceed predictions at $9.3B

  • That's one site doing 3x the combined total sites' 2013 Cyber Monday.

    Pivotal moment as the center of gravity of the world's consumer economy shifts to China.

    The fervent dive into consumerism is incredible. Anyone in China seeing a counter culture emerging against this? Or is it too early

  • Here's an interesting fact that a lot of people don't seem to realize about Alibaba: they're an advertising company. They generate over 50% of their revenue from ads.

  • I blogged about this the last two years - it's an incredible technical challenge as well as the huge sales side of things. Amazing

  • I must be misunderstanding Alibaba. I thought it was related to buying wholesale goods to resell?

  • This seems to be Alibaba's github page. https://github.com/alibaba

    Among the projects Tengine is the powerful web server (based on Nginx) used at Tmall.com and Taobao.com.

  • I wonder if Amazon is worried.

  • You can get an authenticated Gap's Shirt (from their official tmall) for around $15-20 USD (after discount/coupons, currently $40-50 on gap.com), so the deal is not bad even you compare with the coming US holidays discounts.

  • The aliexpress sales are really good this year. Around 40% of users on mobile https://twitter.com/Alizila

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  • I wonder to which extent these predictions are willingly underestimated in order to make the headlines?

  • Were there any good deals for Westerners?