They are using weex https://github.com/alibaba/weex
Alibaba Posts $1B in Sales in 5 Minutes on Singles’ Day
21–30 of 96 posts
Re: Alibaba Posts $1B in Sales in 5 Minutes on Singles’ Day
#22Re: Alibaba Posts $1B in Sales in 5 Minutes on Singles’ Day
#23This is one instance where 99.999% reliability doesn't really cut it.
What? $1B over a day vs $1B over a year is the same with regard to 99.999%. If your timeline is only one day, 99.999% reliability is less than a second of downtime.
Re: Alibaba Posts $1B in Sales in 5 Minutes on Singles’ Day
#24> and a weakening yuan may curb enthusiasm for foreign wares. I don't get it. Aren't most brands these days made in China or south east Asia? (looking at you, fashion brands) Now, I don't speak Chinese so I stick to AliExpress, but you don't typically find non-Chinese made products for sale there (at least in the realm of clothing or electronics)
> Aren't most brands these days made in China or south east Asia? (looking at you, fashion brands) They are. And the highest, most expensive fashion brands are still made by underpaid Chinese workers in Italy or France, so they can stick a "Made in $country" logo on the final product.
So either you are making this up or you definition of "highest" isn't quite on the mark.
Re: Alibaba Posts $1B in Sales in 5 Minutes on Singles’ Day
#25> and a weakening yuan may curb enthusiasm for foreign wares. I don't get it. Aren't most brands these days made in China or south east Asia? (looking at you, fashion brands) Now, I don't speak Chinese so I stick to AliExpress, but you don't typically find non-Chinese made products for sale there (at least in the realm of clothing or electronics)
> Aren't most brands these days made in China or south east Asia? (looking at you, fashion brands) They are. And the highest, most expensive fashion brands are still made by underpaid Chinese workers in Italy or France, so they can stick a "Made in $country" logo on the final product.
Re: Alibaba Posts $1B in Sales in 5 Minutes on Singles’ Day
#26Earlier quoted context omitted.
> Aren't most brands these days made in China or south east Asia? (looking at you, fashion brands) They are. And the highest, most expensive fashion brands are still made by underpaid Chinese workers in Italy or France, so they can stick a "Made in $country" logo on the final product.
This is an extraordinary claim, can you back this up in some way? I'm not from Italy or France so it isn't common knowledge to me.
http://articles.latimes.com/2008/feb/20/world/fg-madeinitaly...
http://www.retailgazette.co.uk/blog/2014/12/11032-gucci-and-...
http://www.inventati.org/cortocircuito/2014/12/22/gucci-prad... (couldn't find an english version of this one, sorry)
"Sold to Gucci for €24 euros each (around $28.09) despite a retail rate of $1000, Aroldo Guidotti of the subcontractor, leather goods specialist Mondo Libero, was filmed discussing the cost saving strategy of replacing Italian workers with Chinese nationals, who are hired as part-time employees, and yet work more hours than those on a full-time contract."
Re: Alibaba Posts $1B in Sales in 5 Minutes on Singles’ Day
#27Re: Alibaba Posts $1B in Sales in 5 Minutes on Singles’ Day
#28Earlier quoted context omitted.
What? $1B over a day vs $1B over a year is the same with regard to 99.999%. If your timeline is only one day, 99.999% reliability is less than a second of downtime.
.001 of a years worth of minutes is 525 minutes (.001 * 525600) or about 8 hours and 40 minutes. If all of that time just so happened to occur on the $1B day then that's 356 million. Of course this is back of the napkin. That $1B is not evenly distributed throughout the day and especially in high availability systems the .001 downtime is many small outages over the entire infrastructure and not the entire apparatus c…
Of course this is taking op very literally
EDIT: I checked: google "0.001% * 1 year" and it tells you 5.259 minutes, so you were off due to dropping the % sign. That changes things dramatically: beyond the 100x difference, there is very high likelihood that someone would check back 2 minutes later (especially if they are waiting all year), so 5 minutes of downtime (spread over a whole day) likely objectively results in much lower lost sales than your calculation implied! For future envelope calculations don't forget that a % sign is exactly moving the decimal two more places! 55.2% is exactly .552 and so forth!
Re: Alibaba Posts $1B in Sales in 5 Minutes on Singles’ Day
#29Earlier quoted context omitted.
This is an extraordinary claim, can you back this up in some way? I'm not from Italy or France so it isn't common knowledge to me.
Gucci, Prada, Moncler at least. This kind of stuff was covered by the national TV for a while but no one seems to care anymore. http://articles.latimes.com/2008/feb/20/world/fg-madeinitaly... http://www.retailgazette.co.uk/blog/2014/12/11032-gucci-and-... http://www.inventati.org/cortocircuito/2014/12/22/gucci-prad... (couldn't find an english version of this one, sorry) "Sold to Gucci for €24 euros each (around $28.…