HEADLINE Tmall sales surpass 10 billion yuan in 3 minutes 1 second

HEADLINE

Tmall sales surpass 10 billion yuan in 3 minutes 1 second

People's Daily app

00:30, November 11, 2017

微信图片_20171111004350.jpg

[File Photo: Alibaba]

Total transactions on Alibaba's online shopping platfom Tmall.com surpassed 10 billion yuan ($1.5 billion) in 3 minutes and 1 second on Double 11 sales extravaganza on Saturday. 

It took 6 minutes 58 seconds to reach the same transaction volume in 2016. 

Sales last year reached 120.7 billion yuan ($18.2 billion), triple the size of Black Friday and Cyber Monday combined in the US, reports said. It expects to reach 155 billion yuan this year.

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