Alibaba and JD.com, two major e-commerce giants in China, have revealed sales statistics for Singles’ Day, also known as 11.11, in 2023. However, specific numerical details were not disclosed, only the confirmation of sales growth compared to the previous year.
Alibaba stated that the gross merchandise volume (GMV) of Taobao and Tmall experienced an increase. More than 402 brands achieved sales of over 100 million yuan, while over 38,000 brands saw growth of over 100%.
On the other hand, JD.com presented various significant statistics, including transaction volume, order quantity, and buyer engagement. Over 60 brands surpassed sales of 1 billion yuan, and more than 20,000 brands experienced triple-digit growth.
TLDR: Alibaba and JD.com reported positive sales growth for Singles’ Day 2023, without providing detailed numerical information. Alibaba highlighted the growth of several brands surpassing 100 million yuan in sales, while JD.com showed the success of numerous brands achieving sales in the billions and triple-digit growth.
Leave a Comment