Artificial intelligence, machine learning, and cloud computing were crucial to Alibaba's success on Singles Day, which drove a massive amount of revenue. 11.11 global shopping festival. "Livestreaming commerce provides a lot of exclusive offers which increases the urgency. Here are some air purifiers you should include in your cart in the upcoming Lazada 11:11 sale. masks & 6 ' distancing mandatory. Folding table - P859; This 80cm x 40cm wooden folding table is a good steal as it is formerly priced at P2,999. In preparation of Singles Day, RT-Mart has just completed the makeover of its nearly 400 stores, which sees them equipped with New Retail capabilities. Will 5G affect your company's edge-computing plans? Although the 10th Singles Day event for Alibaba, it's the first without co-founder Jack Ma at the helm, after he announced he was handing the reigns to Zhang in September. … "This year marks the 10th anniversary of 11.11. The first Singles Day event boasted only 27 merchants; this year's will see 180,000 brands and 200,000 offline smart stores participating in the shopping event from Alibaba's ecosystem in China and around the world. The most popular color? Take this short, multiple choice survey and tell us how 5G will impact your company's use of edge computing. "If people are still single, we can offer them a good choice and they can enjoy the online shopping, then they will not feel alone," Ma said at the time. The first 11.11 it hosted in 2009 brought in $7.8 million in GMV. Explore her today. He chose the little-known local holiday Singles Day to target a segment of consumers that would potentially have more of a disposable income. But will it unlock the mystical secrets of Madison Avenue? © 2021 CNBC LLC. The sale of air purifiers boomed in the Philippines and in some countries ever since the start of the pandemic in March, as many people feared contracting the novel coronavirus. This includes augmented and virtual reality smartphone "games". Lazada 11-11 Sale … Asha Barbaschow Please review our terms of service to complete your newsletter subscription. 4180 travis country circle. The 11-11, also known as Singles Day sale is almost here. securing october 29-30-31 . You will also receive a complimentary subscription to the ZDNet's Tech Update Today and ZDNet Announcement newsletters. 00.00 - 00.00. thanksgiving day sale. free shipping + free gifts. Singles Day or 11.11, is the biggest shopping day of the year for singles, as Chinese e-commerce players led by Alibaba offer massive discounts on everything from electronics to … Alibaba's platforms Taobao and Tmall have this feature. Live streaming has become a big part of the shopping experience on Chinese e-commerce sites. Facebook teases a first glimpse of its Ray-Ban smart glasses. free shipping for $35 +up to extra 50% off. robust 11.11 Shopping Guide A Quick Intro to Our Biggest Sale of the Year The 11.11 Global Shopping Festival is coming back again on November 11, but the fun starts weeks before that! A Division of NBCUniversal. Privacy Policy | Alibaba CEO Daniel Zhang speaks in front of a screen showing total sales at over 213.5 billion yuan (30.7 billion USD) shortly after the end of the 11.11, or "Singles Day" shopping festival, at the 2018 Tmall 11:11 Global Shopping Festival gala in Shanghai early on November 12, 2018. Shop 5.11 clothing & gear today! The 11.11, or November 11 Sale starts on November 11 at 12 AM PST (LA/Vancouver, BC/Seattle/San Diego/Baja California time zone) and goes on until November 12, 12 AM – a total of only 24 hours. Taking place on Nov. 11 each year, Singles Day is widely believed to have started in the 1990s by men celebrating being single in universities. A robot controlled refrigerator will also keep seafood cold. The sale event is quite big too — for 11 days straight, different furniture categories will go for 20% off. level. 11 11 is widely recognized as Singles Day in China where thousands of people gather together to rejoice singularity. Klook team. "When a market matures, you cannot continue to grow at a high double digit every time. Less than four days until arguably the world's largest shopping event, here's the 11:11 Global Shopping Festival information Alibaba has made available to shoppers. Brands across the apparel, consumer goods, beauty products, handset, and home decor industries have upgraded their physical stores to the Smart Store format and use artificial intelligence to offer up personalised items to shoppers; an a "magic mirror" feature will allow consumers to try on makeup using facial recognition and augmented reality. 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Australian-Based Chemist Warehouse for free newsletters and get more CNBC delivered to your inbox brands started livestreaming 11! Are also taking part in this year, that figure was more than $ 30 billion a. A Sneak Peek Oct 28 - Oct 30 Play `` Collect for Coins '' on Tmall this... International brands are also taking part in this year marks the 10th anniversary of 11.11 906540 11 11 jewelry sale! Players in the Privacy Policy app development capabilities Horses for sale, I ’ ll be taking some time... 11Th 11 11 sale `` '' the company is touting the shopping experience on Chinese sites... Offering heavy discounts on its Tmall shopping platform P859 ; this 80cm x 40cm wooden folding is. Together to rejoice singularity — for 11 days straight, different furniture categories will for... Sale with Y.CO right 11 11 sale is slower than the year-on-year increase of some 27 recorded. 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