China smashes sales records during its version of Black Friday
In the US there’s Black Friday, but in China, they get all their big online shopping discounts on November 11 aka “Singles Day” instead. As of 4:28am ET today, Alibaba’s Tmall, the Chinese equivalent of Amazon, has already made over $11 billion which broke last year’s record of $8.97 billion. As reminded by our friends over at TechCrunch, both numbers from that platform alone beat the entire US’ online sales of last year’s Thanksgiving and Black Friday combined. It’s no wonder Alibaba could afford to hire Frank Underwood Kevin Spacey and James Bond Daniel Craig to kick off this year’s party.
Source: Tmall (Weibo)
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