Press statement from Alibaba (before 11.11.17) claimed - 11.11 is more than 18 times the size of Amazon Prime Day and 2.5 times bigger than Black Friday and Cyber Monday combined. What really happened on 11.11 more than validated this claim. In just 24 hours Alibaba registered $25 billion in sales. Yep 25 followed by 12 big zeros! ( this is 39% more than 2016 … [Read more...] about How Alibaba’s Global Shopping Festival Showcased Mind-Blowing Scale and the Future of Retail
by sasmita