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Double 11

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PRESENTATION OUTLINE

It's the “Bachelor’s Day Promotion” or Singles Day Promotion (Double 11)

The biggest shopping festival
in China

WHAT IS THIS DAY ABOUT?

  • Singles' Day serves as an occasion for single people to meet and for parties to be organized.
  • The event is not an officially recognized public holiday in China,although it has become the largest offline and online shopping day in the world.

HISTORICALLY

  • In 2009, Alibaba held the first Double Eleven Shopping Festival on Taobao.com with a total GMV of only 50 million yuan. Three years later, withmore than 10,000 businesses, cooperating with e-commerce sites, are poised to rock the shopping festival again.
  • it’s been 10 years in 2018. Its single day GMV reached 168.2 billion yuan in 2017.
Photo by Adeolu Eletu

ONLINE SHOPPING HAS BECOME A LIFESTYLE IN CHINA

Photo by Leon Seibert

Untitled Slide

Singles’ Day is huge business today. Alibaba moved outside of China into other regions within Asia and beyond.

ENVIRONMENT

  • produce at least 300,000 tons or garbage