Alibaba Group Generated RMB 120.7 Billion (USD 17.8 Billion) of GMV on 2016 11.11 Global Shopping Festival
12 November 2016 - 6:51AM
Business Wire
Total GMV increased 32 percent YoY
Mobile GMV accounted for 82 percent of total
GMV
Alibaba Group Holding Limited (NYSE:BABA) today announced that
RMB 120.7 billion (USD 17.8 billion) of gross merchandise volume
(GMV) was settled through Alipay on Alibaba's China and
international retail marketplaces on November 11, 2016. Mobile GMV
settled through Alipay accounted for 82 percent of total GMV.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20161111005797/en/
Alibaba Group's 11.11 Global Shopping
Festival 2016 (Photo: Business Wire)
"This year’s 11.11 is a preview of the future of retail, where
entertainment, commerce and interactive engagement intersect
seamlessly,” said Daniel Zhang, chief executive officer of Alibaba
Group. “From the kick-off of warm-up activities to last night’s
countdown gala and all the way through the 24-hour global shopping
festival itself, we’ve seen unprecedented engagement between
consumers and merchants. 11.11 showcased how online and offline
retail will be reinvented to offer brand new shopping experiences
to our hundreds of millions of mobile, digitally savvy active
users.”
Key highlights from the 2016 11.11
Global Shopping Festival
- Total GMV settled through Alipay was
RMB 120.7 billion (USD 17.8 billion), an increase of 32 percent
compared to 20151
- Total mobile GMV settled through Alipay
was RMB 99 billion (USD 14.6 billion), representing approximately
82 percent of total GMV, compared to 69 percent last year
- Alibaba Cloud processed 175,000 orders
per second at peak
- Alipay processed more than 1 billion
payment transactions in total, and processed 120,000 transactions
per second at peak
- Cainiao Network processed more than 657
million delivery orders placed on Alibaba’s China and international
retail marketplaces
This year was Alibaba’s most global 11.11 shopping festival
since the inception of the event in 2009, offering Chinese
consumers access to brands and products from businesses of all
sizes around the world. Highlights from the 2016 Global Shopping
Festival include:
- 235 countries and regions with
completed cross-border transactions
- 37% of total buyers purchased from
international brands or merchants
- Top countries selling to China by GMV
included: Japan, United States, South Korea, Australia,
Germany
- Top US brands by GMV included: Apple,
Nike, New Balance, Playboy, Skechers
- Top European brands by GMV included:
Siemens, Philips, Adidas, Jack Jones, Only
- Top Japanese brands by GMV included:
Uniqlo, Panasonic, Sharp, Sony, SK-II
- Top Australian and New Zealand brands
by GMV included: Jeanswest, UGG, Swisse, Macro, Blackmores
For additional content from the event, please follow the Alibaba
Group official Twitter account at www.twitter.com/AlibabaGroup, or
visit the Media Resources page on Alibaba corporate news site
Alizila with background, factsheets and content related to this
year’s 11.11.
GMV for the 11.11 Global Shopping Festival is the total
value of orders settled through Alipay on Alibaba’s China and
international retail marketplaces. It is reported on a real-time
basis and includes shipping charges paid (where applicable).
Transactions related to international brands, defined as brands
created outside of Mainland China, and user data are limited to
Tmall.
Data related to payment transactions and logistic orders are
provided by Alipay and Cainiao Network respectively.
All GMV, mobile GMV and other figures presented in this press
release are unaudited and subject to adjustments.
________________________________
1 Alibaba Group's operating results disclosed in this press
release are denominated in RMB; year-over-year comparisons and
growth rates are calculated on the basis of RMB amounts and are not
affected by foreign exchange rate fluctuations.
About the 11.11 Global Shopping Festival
The 11.11 shopping festival began in 2009 with participation
from just 27 merchants as an event for Tmall.com merchants and
consumers to raise awareness of the value in online shopping. Seven
years later, 11.11 has become a global event with participating
merchants in the tens of thousands, buyers in the millions, and
total sales in the billions.
For additional history and facts from last year’s festival, as
well as the latest news and updates on the 2016 11.11 Global
Shopping Festival, please visit Alizila http://www.alizila.com.
About Alibaba Group
Alibaba Group’s mission is to make it easy to do business
anywhere. The company aims to build the future infrastructure of
commerce. It envisions that its customers will meet, work and live
at Alibaba, and that it will be a company that lasts at least 102
years.
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version on businesswire.com: http://www.businesswire.com/news/home/20161111005797/en/
MediaAlibaba GroupSharon Chan, +1 415 361
8219sharon.chan@alibaba-inc.comorRico Ngai, +852 9725
9600rico.ngai@alibaba-inc.com
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