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Alibaba hits nearly $18B in ‘Singles Day’ orders in 12 hours

nytimes.com

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Re: Alibaba hits nearly $18B in ‘Singles Day’ orders in 12 hours

#2

Post by djsumdog »

With Alibaba launching their own hosting services as well, where do they stand at scale compared to Amazon? I realize Alibaba is mostly targeted inward to China, unlike Amazon that has some international markets, but are they a contender when it comes to global sales (and possibly China facing hosting?)

Re: Alibaba hits nearly $18B in ‘Singles Day’ orders in 12 hours

#4

Post by lunaru »

Every year around this time we get the singles day news that yet another record has been broken. I'm going to guess it's going to be the same next year and the year after that since the Chinese middle class is growing (and adopting Western debt-driven spending). Not really a surprise.

If anyone in the US wants to partake in the frenzy, I believe aliexpress is doing a Singles Day thing (using US timezone, so it hasn't started yet as of this writing), but be careful with the shipping timelines on the products. I've had situations where items didn't arrive until weeks later and I had already forgotten that I'd bought anything.

Re: Alibaba hits nearly $18B in ‘Singles Day’ orders in 12 hours

#6

Post by sillysaurus3 »

tw1010 wrote: post #5
dang wrote: post #3

Url changed from https://techcrunch.com/2017/11/10/alibaba-hits-nearly-18-bil... .

I would have preferred the old one, since the NYT article hits you with a paywall.

An unofficial workaround: go to archive.is and paste the link.

Non-paywalled: http://archive.is/waNw6

Re: Alibaba hits nearly $18B in ‘Singles Day’ orders in 12 hours

#8

Post by jaxondu »

djsumdog wrote: post #2

With Alibaba launching their own hosting services as well, where do they stand at scale compared to Amazon? I realize Alibaba is mostly targeted inward to China, unlike Amazon that has some international markets, but are they a contender when it comes to global sales (and possibly China facing hosting?)

Aliyun has been around for sometimes, and is now rebrand as Alibaba Cloud and expanding beyond China. It is competing with AWS, Google Cloud, Azure etc. And this August report says Alibaba Cloud has surpassed Digital Ocean to be number 2 in hosting. https://news.netcraft.com/archives/2017/08/22/cloud-wars-ali...

Singles Day sales is a few times bigger than Black Friday or anything Amazon has. Kind of strange to ask if Alibaba Cloud can scale as AWS.

Re: Alibaba hits nearly $18B in ‘Singles Day’ orders in 12 hours

#9

Post by rrhd »

lunaru wrote: post #4

Every year around this time we get the singles day news that yet another record has been broken. I'm going to guess it's going to be the same next year and the year after that since the Chinese middle class is growing (and adopting Western debt-driven spending). Not really a surprise. If anyone in the US wants to partake in the frenzy, I believe aliexpress is doing a Singles Day thing (using US timezone, so it hasn't…

> If anyone in the US wants to partake in the frenzy

because we should totally turn veterans day into a ridiculous spend a lot day.

Re: Alibaba hits nearly $18B in ‘Singles Day’ orders in 12 hours

#10

Post by taurath »

lunaru wrote: post #4

Every year around this time we get the singles day news that yet another record has been broken. I'm going to guess it's going to be the same next year and the year after that since the Chinese middle class is growing (and adopting Western debt-driven spending). Not really a surprise. If anyone in the US wants to partake in the frenzy, I believe aliexpress is doing a Singles Day thing (using US timezone, so it hasn't…

I really don't think the US is prepared for what happens when the entire world turns towards Chinese consumers and away from them.
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