or
$14,300,000,000 USD
That is how much was spent, online, in 24 hours, in China, on the Alibaba website, on 11/11/2015.
That is a s**t ton of money and merchandise dropped in one day, y'all. I mean really, it beats our Black Friday or Cyber Monday sales all to h**l!
Some days I continue to be blown away by the sheer number of Chinese who live in this country. 1.3 billion of them gladly dropped 14.3 billion US dollars in one 24 hour period. 10 million transactions were completed online before 10 am. Unreal.
What's the occasion?!
A group of four single Chinese college students decided that Singles needed a day to celebrate, kind of like an "un-Valentine's day", if you will. They chose 11/11 as their special day, to represent the four single friends. They treated themselves to gifts and fancy dinners and flowers, and celebrated their singlehood. Their friends caught on and thought it was a great idea. This was in 2009.
Five years later, on 11/11/14, China spent the equivalent of 9.3 billion USD in one 24 hour period.
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| One of my students showed me this image on his phone. It was sent out over Chinese social media last year after it was announced that the total sales for 11/11/14 was nearly 59,600,000,000 rmb. (that's $9.3 BILLION, people!) |
That figure was surpassed just 12 hours in to the sale earlier this week.
And if these sheer numbers don't blow your mind (my mind is shot; I can't even comprehend numbers this big!) consider this....
How does all of that merchandise get delivered to the customers?
"Alibaba said its logistical arm and its partners would use more than 1.7 million personnel, 400,000 vehicles, 5,000 warehouses, and 200 airplanes to handle the deliveries."
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| This means the streets will be jammed even further with these delivery pedal carts. lining the streets and sidewalks. |
Personally, my head is swimming with the sheer numbers it is trying to process.
G'nite, y'all!
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