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Alibaba's merchandise volume during 11.11 Shopping Festival jumps 27%

Monday 12 November 2018 | 10:07 CET | News
Alibaba has announced it has generated CNY 213.5 billion (approximately USD 30.8 billion) of gross merchandise volume (GMV) on 11 November 2018, which represents an increase of 27 percent compared to the same period of 2017. Alibaba also reports that Cainiao Network processed more than 1 billion delivery orders. The festival attracted more than 180,000 participating brands.

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Categories: Internet
Companies: Alibaba
Countries: Asia / World
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