Alibaba Posts Record $9.3 Billion Sales on Single’s Day

Some of you might be familiar with the terms ‘Black Friday’ and ‘Cyber Monday’. They are American shopping events where anything and everything is on sale at great prices. They pull in huge amounts of cash every year but guess what? They aren’t the biggest online retail sales in the world. Keep reading to know it.

’11.11 Shopping Festival’ or Single’s Day, is an event that started in 2009 and encouraged single people to buy gifts for themselves. Now, it has grown into a commercial phenomenon.

Alibaba shipped more than $9.34 billion worth of items with total of 278 million orders with-in 24 hours.

In this year’s event, Alibaba shipped more than $9.34 billion worth of items with total of 278 million orders. Interestingly, more than 43% of the orders were placed from mobile devices. What’s amazing is that last year’s $6 billion sale record — set during previous year — was broken in just 14 hours.

If you want the numbers to be put into perspective, American retailers grossed around $5.29 billion on Black Friday last year, combined. Ebay’s daily sales last year were roughly $23 million and Amazon’s daily product sales in 2013 were estimated to be $166 million. That is a mere 2% of what Alibaba made yesterday.

Alibaba’s sales were helped by significant discounts on products as well as the company’s ‘Pre-Sales Initiative’ program, through which merchants advertised the discounts on products as early as October. Customers simply paid the deposits and everything was processed and shipped on Singles Day.

Alibaba also took the whole event global this year. There were more than 27,000 retailers including foreign brands like Calvin Klein that helped with interest from outside China. Overall, the Single’s Day festival reached consumers in over 200 countries.

Alibaba has recently been making a lot of headlines and this is just another crown in their jewel. They had their IPO in New York almost two months ago and that generated over $25 billion. That makes the company bigger than Facebook, Amazon, IBM and Intel already and from the look of things they are just getting started.

Talal is the Chief Operating Officer at ProPakistani.


  • Savvy

    has anyone here bought from Alibaba??

    • sameer

      yess

      • Savvy

        was it for personal or business? how was the experience?

  • bash

    seriously guyz if this is true then i hope they ship to pakistan and they accept credit debit cards and free shipping for us
    bcz i am sick of all the deals on cyber monday and black friday bcz we cant get a single thing from america here other than books

    so can anyone confirm do they accept credit/debit cards and do they ship to pakistan i mean everything not just books

    • sameer

      yes they accept debit cards and shipping is free or via dhl or Ems, free is delayed very well and ems time is 10 to 15 days.
      i have used it couple time.

      • bash

        which store did u use the paksitani store or american uk store
        and do they ship electronics like ps4 to pakistan bcz in pakistani store u can hardly find a reliable seller

        • Rafay

          books achi nhi lagtin?

  • Jawad Zaib

    yes i am purchasing stuff from there but the free shipping method is not good for Pakistan as couple of my items were lost in the hands of Pakistan post, and there useless service, you have to purchase stuff from aliexpress not alibaba if you are not a whole seller,,but Pakistan Post will be handling the free shipping items here so be careful with high price products as people will stole it in Pakistan Post. low price items might reach your home address,,,hahahaahhahahahah

    • bash

      what the hell man this is what we have come to
      shame on us

    • ahmad

      Broh I want to ask you few things about aliexpress shopping experience its prices are attractive so I’m really interested in buying from it. How can I contact you?

  • Javaid

    Yes, I bought a 64GB USB in $8 on 11.11 festival ;-). And yes, Merchants on Aliexpress.com (Alibaba.com’s portal for end consumers) ships most of products to Pakistan and there is no shipping cost for nearly 80% products. I’m shopping from Aliexpress.com since last 2 years, and average delivery time by airmail (i.e Pakistan post) is 20 days. But make sure not to purchase mobile phones and telecom devices from Aliexpress specially through DHL otherwise you would need a NOC from PTA to get it :-)

  • MuTaTeD

    In 9.3billion USD main meray bhee 40 USB shamil hain :)

    • Bilal Iqbal

      Usd….

      • MuTaTeD

        thanks corrected the typo

  • aneel

    javaid… ur email and i want to diccusss

  • Ahsan

    Yes, I have purchased quite a few things from Aliexpress. The prices are really attractive however, you have to a little bit research about the seller before placing your order. Secondly, the most difficult part is Pakistan Post. So be careful while ordering high priced items.

    • Videovertex

      Please tell me, Why Pakistan Post? Why they don’t deliver through TCS or DHL etc?

      • Ahsan

        Because DHL and other carriers are exorbitantly expensive for low quantity order.

  • Geekpk

    Alibaba/aliexpress will lead the way in future because ebay and amazon dont deliver things worldwide to countries like Pakistan.

  • Khalid Ameen

    Telecom Companies should explore the opportunity to establish liaison with Alibaba kind of companies for online shopping as 43% orders were made through smart phones only. After 3G operators have to think globally and explore which online products and services they can offer to optimize sales of their internet services.

  • Khalid Ameen

    Telecom Companies should explore the opportunity to establish liaison with Alibaba kind of companies for online shopping as 43% orders were made through smart phones only. After 3G operators have to think globally and explore which online products and services they can offer to optimize sales of their internet services.

  • Nexus

    Alibaba is for large orders. It’s B2B mostly. It’s little brother, Aliexpress is B2C. I have purchased several items from Aliexpress. You can pay with visa debit or credit card. But you need to be a little careful and only buy from reputable sellers. Check their rating and user feedback before placing the order. Also be aware that Pakistan Customs might charge duty so you need to check duty on the products you are buying. It can take anywhere from 10-40 days for delivery. Delays are mostly due to customs.

  • Umer

    I also ordered two things for my personal use.

  • Junaid

    please share your mobile number i want to discuss.