I am writing to you from Beijing on November 10th. SAN FRANCISCO, Feb. 12, 2023 /PRNewswire/ -- The 15th Singles Day festival, known as "Double 11" in the industry, has come to a close. In order to provide consumers with the best deals and to align with the core principle of "Double 11", all platforms strategically focused their attention this year on "low prices"..Specifically, Alibaba Group, which is the world's largest e-commerce company, has made "the lowest price across the entire network" its primary objective, employing a concept known as dynamic price comparison in order to provide consumers with the best value for money
Specifically, Alibaba Group, which is the world's largest e-commerce company, has made "the lowest price across the entire network" its primary objective, employing a concept known as dynamic price comparison in order to provide consumers with the best value for money
Syntun, as a third-party platform, has monitored and released sales data for the Double 11 for the tenth consecutive year as a means of providing the public with a more impartial and objective perspective on the data about this year's event. During the period of 8:00 PM on October 31st to 11:59 PM on November 11th (JD time), Syntun claims that.From 8:00 PM to 8:00 AM on October 23rd, the GMV of the major e-commerce platforms (which includes only traditional e-commerce platforms and livestreaming e-commerce platforms) reached a total of 1138 billion..A year-on-year increase of 2 billion RMB was recorded, reflecting a 6 billion RMB increase.Approximately 8%
Approximately 8%
This is the tenth consecutive year Syntun, as a third-party platform, has monitored and released sales data for the Double 11, with the goal of providing the public with a more neutral and objective perspective on the sales figures. In accordance with Syntun, the event will take place between the hours of 8:00 PM on October 31st and 11:59 PM on November 11th (JD).Taking into account the GMV of all the major e-commerce platforms (only including traditional e-commerce platforms, as well as livestreaming e-commerce platforms started at 8:00 PM on October 23rd), the GMV of the major e-commerce platforms reached 1138 million dollars.The volume of transactions reached 6.6 billion RMB, reflecting an increase of 2.0% year-on-year.Approximately 8%
Approximately 8%
In order to learn more about the "double 11", please click on the following link: (PDF)
In line with the needs of the retail industry, Syntun has developed a variety of products in line with its role as a professional digital retail data service provider. These products have been created to help solve problems encountered by retailers in terms of production, operations, marketing, and management, as well as to help brands make better decisions.
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The source of this information is Syntun Ltd.
Visit Syntun's website for more information: www.syntun.com
The source of this information is Syntun Ltd.
The annual shopping festival « 618 » took place during the summer months. The festival for the 20th anniversary of the company was held in conjunction with the shopping festival...
PEKING, 20. Juni 2023 /PRNewswire/ - The Shopping Festival "618" is well and truly over. This year's Shopping Festival 618 was held in July and the festival took place over a couple of days.
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