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

nytimes.com

11–20 of 177 posts

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

#11
Many people stayed up late last night to take advantage of limited-time deals (e.g. ones that were only available for the first minute after midnight) or deals that had only limited stock.

Some friends of ours chose today to go to Ikea, figuring they'd be free from the usual massive crowds, as people would be at home doing online shopping, or sleeping in after staying up late last night. It turned out they were right.

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

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

#13

Many people stayed up late last night to take advantage of limited-time deals (e.g. ones that were only available for the first minute after midnight) or deals that had only limited stock. Some friends of ours chose today to go to Ikea, figuring they'd be free from the usual massive crowds, as people would be at home doing online shopping, or sleeping in after staying up late last night. It turned out they were right…

Back when I was living in China, I wished China had the Black Friday as in the US because of discounts and promotions. Now I am back in the US, I wish the US had the Single's Day as in China. What a Change!

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

#14
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…

This is interesting because the US was the record holder less than five years ago. Five years later, China's Single's Day is several times that of the US's Black Friday. Very soon, it will be an order of magnitude bigger than the Black Friday of the US.

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

#15
post #8
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 i…

Actually, Aliyun built data centers all over the world, including the US, Europe, Southeast Asia, South America etc. It is the second largest IAAS, second to only AWS (yes it is bigger and growing faster than Google and Microsoft in IAAS).

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

#17
post #8

Earlier quoted context omitted.

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 i…

Actually, Aliyun built data centers all over the world, including the US, Europe, Southeast Asia, South America etc. It is the second largest IAAS, second to only AWS (yes it is bigger and growing faster than Google and Microsoft in IAAS).

That doesn't sound right, unless microsoft has been shrinking: https://siliconangle.com/blog/2017/09/27/report-aws-leads-ia...

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

#18

Earlier quoted context omitted.

Actually, Aliyun built data centers all over the world, including the US, Europe, Southeast Asia, South America etc. It is the second largest IAAS, second to only AWS (yes it is bigger and growing faster than Google and Microsoft in IAAS).

That doesn't sound right, unless microsoft has been shrinking: https://siliconangle.com/blog/2017/09/27/report-aws-leads-ia...

The data in your link is for 2016. It's the end of 2017 now. Alibaba Cloud is growing definitely much faster than Microsoft (126% vs 61%) and Google and bigger than Google. It is very close to Microsoft in terms of revenue if not bigger right now.

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

#19
I've only bought a few things from Alibaba over the years, but most of them have turned out to be either faulty or a typical case of 'chinese manufacturer disappointment' which has led me to being reluctant to buy anything larger/more expensive. When I was in Marrakech a couple of years ago, the guy who owned the riad we stayed in referred to many things in the souks as being "China quality", and I guess that's the problem. I don't expect something for nothing, but it's so hard to tell if you're going to get something that's going to be as I would expect (i.e. functional, accurately manufaturered), or as I've experienced (borderline functional, poorly manufactured or badly designed). The best purchase was a secondhand (rare) motherboard for a client's laptop, sadly!

It's a real pity as I'm sure if there was a way of really knowing the quality of what you were getting (other than getting samples, which I've done and had issues with several of them) then it would be a great place to buy either for personal consumption or for a business opportunity. At times like today I spend a while browsing and see things I would be interested in if I wasn't concerned they would be 'China quality'.

Am I missing something here? Is there a better way of sorting the wheat from the chaff? Or is it just a case of a lot of hit and miss and hopefully building a relationship with a decent supplier at some point?

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

#20
post #5
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.

Paywalls with workarounds are explicitly allowed on HN [1] and NYT submissions are as standard as you can get here.

Other things being equal, we'll prefer a non-paywalled URL as in [2] from earlier today, but in the present case there was a clear quality difference.

1. https://news.ycombinator.com/newsfaq.html

2. https://news.ycombinator.com/item?id=15672936

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