Alibaba Group & 2014. 11.11 Shopping Festival
“Today is 11.11 Shopping Festival in China and more than $1 billion worth of goods were sold within the first 20 minutes”. I was absolutely shocked by this news that wrote in a blog called “Online Shopping Binge Gets Off to a Strong Start” that posted early today. After Alibaba’s recent IPO, this year’s volume of transaction has drawn worldwide attention. In order to expand its business to a global scope, for the first time this year, AliExpress participated in transactions, offering products to customers overseas. In addition, the firm…read more