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Alibaba And JD.com Relished A Record Sale Of $136.5 Billion On June 18 Shopping Event
Summary: China’s e-commerce tycoons Alibaba and JD.com rallied in the June 18 shopping frenzy with a total turnover of $136.5 billion, marking a new record.
China’s e-commerce tycoons Alibaba and JD.com rallied in the June 18 shopping frenzy with a total turnover of $136.5 billion, marking a new record.
China’s e-commerce business gained major success in the June 18 shopping event. Alibaba’s Taobao Mall (Tmall) alone contributed revenue of $98.7 million on the day. These numbers reflect a soaring consumer buying power as the market gradually recovers from the COVID-19 pandemic, even though a second-wave outbreak with over 150 newly confirmed cases in Beijing has raised people’s concern.
By Yiran Dai
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Tags: alibaba,China,JD.com
Link: Alibaba And JD.com Relished A Record Sale Of $136.5 Billion On June 18 Shopping Event [Copy]
Tags: alibaba,China,JD.com
Link: Alibaba And JD.com Relished A Record Sale Of $136.5 Billion On June 18 Shopping Event [Copy]
