Alibaba hosts a large gala on the Friday before Singles Day.
The day was unremarkable until 2009, when Alibaba turned the occasion into an online shopping festival.
More than 140,000 brands participate in 11.11 in 2017, offering 15 million products The Double 11 shopping event has more than 60,000 worldwide brands that will offer popular items from authentic autographed sports memorabilia to fresh foods and produce to half a billion Chinese consumers.
Also known as "Double 11" for the November 11 date, the event launched in 2009 by e-commerce giant Alibaba Group Holding Ltd (November里巴巴) started at midnight and ended up shattering the last year's sales mark, as it does every year. Cyber Monday in the United States saw $3.45 billion in online sales past year. Alibaba has not only transformed consumer behavior in China, but merchant behavior as well.
China's smartphone-wielding masses unleashed billions of dollars in e-commerce spending Saturday as they rushed to snap up bargains on "Singles Day".
. The yearly buying binge has become crucial for manufacturers and retailers across the country, accounting for a significant share of annual orders for many businesses.
Alibaba has also introduced Hema Stores, wherein consumers can walk into the offline store and scan each of the products present in the store through their mobile phones to know more information about it.
Couriers and robots are expected to deliver an estimated 1.5 billion parcels over the next six days. At its peak, the company's processors handled 256,000 transactions per second. Alibaba's been trying to tell us all along, like all good friends do when they see the writing on the wall, but a record day of sales may just prove the point once and for all.
But JD.com, reporting 11.11 figures for the first time, generated 127.1 billion RMB in revenue, or $19.14 billion. Ahead of the event, the retailer also outfitted almost 100,000 of its Tmall stores across China with facial recognition technology to process payments.
But environmentalists accuse Alibaba and other e-tailers of fuelling a culture of excessive consumption and mountains of waste.
AR could help Apple re-energize its fan base and re-establish its mobile leadership, according to TechRepublic's Conner Forrest . We don't know too many details about the headset , but it sounds like it will be a direct competitor to Microsoft Hololens .
Obama still owns a home at 51st and Greenwood, and is registered to vote in Chicago , although he and his family live in D.C. For his day of public service, he will presumably receive the standard payment for every Cook County juror, which is $17.20.
NVIDIA has also published a "Destiny 2 Graphics and Performance Guide" to show how to get the best compromise on your gaming PC. The key difference is that where the 1080 enables the full GP104 chip, the GTX 1070 Ti disables one SMM cluster of 128 cores.
So take an extra day to digest your turkey on Friday and get ready for these can't-miss beauty deals come Monday. Below are the some of the top Black Friday deals retailers are now advertising, according to Best Black Friday.
HSBC's latest financial statement showed once again the company's ability to pick itself up after the global financial crisis. The bank's third quarter 2016 reported pre-tax profit came in at $843 million and adjusted revenue was at $12.8 billion.
However, Manafort and Gates both roundly acknowledged that they were in Yanukovych's employ, as did several Podesta employees. Tony Podesta is the brother of John Podesta , the former campaign chairman for Hillary Clinton's presidential campaign.
There is no "structural impairment" in Fultz's shoulder, and he will continue physiotherapy treatment, the team said. It doesn't appear that Fultz's injury is as grievous as the other's, but you just never know with the 76ers.
BREAKING: A shooter killed two young men on the campus of #GramblingStateUniversity a little after 12am this morning (Wednesday). Two men, both 23-year-olds from Farmerville, Louisiana, were identified as Earl Andrews and Monquiarious Caldwell.
Police have not provided details of the assault, citing security reasons, only saying that Boucher was an acquaintance of Paul. By late Saturday, the page had been overrun by other Facebook users criticizing Boucher for his alleged assault on Paul.
In practice, that promise so far has been labeled "enhanced vetting", which has been implemented in regards to the U.S. We need quick justice, and we need strong justice, much quicker and much stronger than we have right now.
Obviously she got frustrated and I felt like I was doing everything just a little bit better. Svitolina has lost four of her last five matches on hard court. "Everyone saw it.
Saudi Arabia Is Now At War With Iran on Four Fronts
He also stated that he senses a conspiracy to assassinate him. "I have sensed what is being plotted covertly to target my life". The government's collapse complicates preparations for next year's parliamentary elections, Lebanon's first since 2009.
Swoon: Thirteenth Doctor's Outfit Revealed
She'll be the first female to play the role, which will begin when the Doctor regenerates during this year's Christmas special. BBC has released its first look at Jodie Whittaker in costume as the new star of the venerable sci-fi series " Doctor Who ".
New Email Scam Using Fake Netflix Website
Netflix users are being warned against a fake email making its rounds to steal the personal and credit card information of users. In its Help Centre, Netflix states they "will never ask for payment information to be sent to [them] over email".
West Ham 1-4 Liverpool: Salah Nets Brace
Manuel Lanzini hit back early in the second half but Alex Oxlade-Chamberlain and another Salah goal ensured the win for the Reds. After the match he admitted that he "has to talk to the chairman" and it remains "a very hard situation for me".
NFL Players Were Heartbroken By Deshaun Watson's Torn ACL
Watson left the game twice, including an early trip to the locker room at the end of the first half, but returned each time. Watson has thrown more touchdown passes (19) in his first seven games than anyone in National Football League history.