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EddyTheDog

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#1

WTF - $4 BILLION In An Hour...

11-10-2015, 11:09 PM

China's Alibaba breaks Singles Day record as sales surge - BBC News

Alibaba said more than $1bn was spent within eight minutes of midnight.
Within the first hour, it had made $3.9bn (£2.bn) in sales, almost double the amount spent in the same time period of the event last year.

That is just nuts...
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sandman!

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#2

11-10-2015, 11:18 PM

fuck yea thats alot

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$5 submissions

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#3

11-10-2015, 11:20 PM

Well, China's market is HUGE.

AliBaba = The Amazon of China without the diversification.

If you're looking for a stock to buy, check out Amazon.

Why?

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mineistaken

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#4

11-10-2015, 11:53 PM

Originally posted by $5 submissions

AliBaba = The Amazon of China without the diversification.

Not really, alibaba is b2b wholesale marketplace. And not sure how would they know how much sales that generates, site is mostly just for contact, deals are made not through the site. I do some business there and have no idea how could they know sales amount.

Whole article sounds like they are talking about aliexpress or something, but why say otherwise?
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Seth Manson

Please dont fuck animals

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#5

11-11-2015, 12:21 AM

Nickatilynx and OldJeff make more than that in 10 minutes.
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Google Expert

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#6

11-11-2015, 12:24 AM

what are they selling? i checked it out a couple of times and there were nothing but cheap chinese knockoffs for sale
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Phoenix

BACON BACON BACON

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#7

11-11-2015, 01:04 AM

Originally posted by Muad'Dib

what are they selling? i checked it out a couple of times and there were nothing but cheap chinese knockoffs for sale

gifts to give people..chocolates and shit..mooncakes...etc

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jamesonjames

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#8

11-11-2015, 01:24 AM

unbelievable! O.O
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CurrentlySober

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#9

11-11-2015, 01:28 AM

Originally posted by Phoenix

chocolates and shit..

Will order immediately

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mineistaken

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#10

11-11-2015, 06:26 AM

Originally posted by Muad'Dib

what are they selling? i checked it out a couple of times and there were nothing but cheap chinese knockoffs for sale

Alibaba is not selling anything, it is just a place where various companies from all over the world list their products and contacts. Imagine craiglist where only wholesale companies post their ads.
That article must talk about aliexpress or something else. While they sell knockoffs they also sell everything else (no names, original local names etc).
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dyna mo

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#11

11-11-2015, 06:29 AM

i don't believe a single stat that alibabi releases, especially something outrageous like that. they consistently bullshit the #s.
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EddyTheDog

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#12

11-11-2015, 06:32 AM

Originally posted by mineistaken

Alibaba is not selling anything, it is just a place where various companies from all over the world list their products and contacts. Imagine craiglist where only wholesale companies post their ads.
That article must talk about aliexpress or something else. While they sell knockoffs they also sell everything else (no names, original local names etc).

Although its competitors offered attractive discounts, Fangting Sun, China-based analyst at market research firm Euromonitor International said that consumers' attention was still focused on Alibaba's online marketplace Tmall.com.

........
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seeandsee

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#13

11-11-2015, 07:16 AM

well, congrats to alibaba

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Google Expert

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#14

11-11-2015, 07:20 AM

Originally posted by mineistaken

Alibaba is not selling anything, it is just a place where various companies from all over the world list their products and contacts. Imagine craiglist where only wholesale companies post their ads.
That article must talk about aliexpress or something else. While they sell knockoffs they also sell everything else (no names, original local names etc).

Yes, my bad. I mistook it for aliexpress < i have no idea who would buy anything from there
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CamTraffic

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#15

11-11-2015, 07:33 AM

Originally posted by mineistaken

Alibaba is not selling anything, it is just a place where various companies from all over the world list their products and contacts. Imagine craiglist where only wholesale companies post their ads.
That article must talk about aliexpress or something else. While they sell knockoffs they also sell everything else (no names, original local names etc).

alibaba.com is selling to the public via aliexpress.com

I am always buying traffic and white labels. Hit me up.
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mineistaken

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#16

11-12-2015, 06:26 AM

Originally posted by CamTraffic

alibaba.com is selling to the public via aliexpress.com

That is what I already posted. Yet the article does not (or I missed) even mention it.
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CAHEK

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#17

11-12-2015, 06:55 AM

I bought $2000 on Alibaba yesterday, but then they can't ship to my country. So waiting on my refund now from my credit card

Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!

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Denny

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#18

11-12-2015, 07:44 AM

Serious biz
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