Alibaba sales surge to $5 billion in 15 minutes on Singles Day
11 November, 2017, 01:56 | Author: Kristen Ingram
Major Chinese e-commerce company Alibaba Group Holding processed roughly 120 billion yuan ($18 billion in today's exchange rate) worth of online transactions on Singles Day previous year.
The event, originally a celebration of China's lonely hearts, has become the world's biggest online shopping spree, with takings beat those of its USA equivalents, Black Friday and Cyber Monday, combined. Over the years it has transformed into a huge sales event with sites like AliBaba generating roughly $18 billion dollars in revenue in 2016. Also, 60,000 of them are worldwide brands, giving the shopping binge led by a Chinese company more of an global flavour. Alibaba officially kicked off its global shopping festival events on October 31.
They include tennis player Maria Sharapova, soccer player Luís Figo, basketball player LeBron James, movie star Nicole Kidman and pop icon Jessie J, as well as popular local entertainers such as Zhang Ziyi and Li Yuchun.
Alibaba has championed the shopping holiday and, this year, pulled in $12 billion in just the first two hours.
Alibaba is also willing to export the Singles' Day 24-hour shopping concept to the rest of the world as the company has committed to serve 2 billion consumers worldwide by 2036, Tsai said.
The shopping day raked in an impressive $17.8 billion, and this year has some wild offers including a lifetime supply of alcohol for $1,673. Alibaba Group President Michael Evans joins Cheddar from Shanghai, China.
He also said the Council had been looking at the 28 percent tax slab and constantly rationalising items in it in lesser tax slabs. The panel also recommended lowering tax rates for manufacturers and restaurants under the composition scheme to 1 per cent.
The new Doctor was revealed back in July , with Whittaker stating that it was "more than an honour to play the Doctor". Also appearing in the Whittaker-led series will be Bradley Walsh, Tosin Cole, Mandip Gill and Sharon D.
Osario added that should would resist returning to her homeland because she had made a life with her family in the U.S. Many El Salvadorans are also covered under a 1991 TPS designation the was granted during that country's civil war.
Great Fire co-founder Charlie Smith told the Press Association he hopes Trump will continue to tweet while in China. The US president's visit comes amid the increasing threats from North Korea, a troubled geopolitical ally of China.
But the votes of major league coaches and managers still account for about 75 percent of the selection process. This is Hosmer's fourth Gold Glove, which ties catcher Salvador Perez for third-most among Royals players.
It is noteworthy that the model was developed in collaboration with scientists at the Massachusetts Institute of technology . Focused on five aspects of supercar development, the Terzo Millennio is far more than an aesthetic exercise.
John Thune, a GOP leader, told reporters Republicans are looking into steps to replace Moore if the allegations are true. After Corfman's allegations, three other women also accused Moore of dating them when they were underage.
Gay Talese had no sympathy for the more than a dozen men who have accused Kevin Spacey of sexual harassment and assault. However, she hinted that Spacey had assaulted a woman as she told the paper that Spacey had "plied her with booze".
This year's change was marked by a 3 percent increase from last year for African-American athletes, to 77 percent from 74 percent. The success of Wildcats student-athletes across-the-board stands out even more under closer examination of the latest GSR data.
Apple has updated its App Store developer page showing that the majority of iPhones and iPads are now running iOS 11 ... Interestingly enough, you'll apparently also be able to send money through Contacts and Siri.
In Apple's case, it held its cash in Ireland to pay a much smaller tax rate than the 35 percent level in the US. The tiny island of Jersey in the English Channel has reportedly become a tax haven for companies like Apple.
Metal, oil & gas stocks drag Sensex down 152 points
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Hulu Comes to The Nintendo Switch
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Patriots bring back former tight end, Martellus Bennett
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Facebook: Send Us Nudes So We Can Fight Revenge Porn
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To the brain, sleep deprivation is 'like drinking too much'
Researchers explain that the same thing could happen when a sleepy driver notices a pedestrian walking in front of his vehicle . She also argues that regulations should be put in place in order to stop over-tired drivers from getting behind the wheel.