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-   -   WTF - $2 Billion In Sales In 1 Hour... (https://gfy.com/showthread.php?t=1154198)

EddyTheDog 11-10-2014 11:12 PM

WTF - $2 Billion In Sales In 1 Hour...
 
That's fucking impressive - The stats that come out of China are getting more amazing by the day - It's almost scary...

http://www.bbc.co.uk/news/business-29999289

Quote:

Online retailer Alibaba says it sold $2bn (£1.2bn) of goods in the first hour of China's annual "Singles' Day"...

..."I bet the number [of goods bought] is going to be scary," said Alibaba's executive chairman Jack Ma last week. He estimated that 200 million packages would be shipped from orders made during the day.

freecartoonporn 11-10-2014 11:21 PM

my orders are in cart ,,,waiting for the countdown.........

AllAboutCams 11-10-2014 11:29 PM

I still can not believe that people buy from them i always thought they where a scam.

Spunky 11-10-2014 11:43 PM

My Visa won't let me use my card with them

EddyTheDog 11-10-2014 11:45 PM

Quote:

Originally Posted by AllAboutCams (Post 20285205)
I still can not believe that people buy from them i always thought they where a scam.

I thought the same - Everything I looked at looked very dodgy...

tghy012 11-11-2014 12:16 AM

Quote:

Originally Posted by EddyTheDog (Post 20285208)
I thought the same - Everything I looked at looked very dodgy...

me too and then they got a 25 Billion IPO...

Paul&John 11-11-2014 01:59 AM

Quote:

Originally Posted by EddyTheDog (Post 20285208)
I thought the same - Everything I looked at looked very dodgy...

Bought multiple items from there, only 1 phone was a scam.. still trying to get back at least a part of the cash, but the dispute progress is super slow (opened 5-6months ago lol)

djroof 11-11-2014 09:04 AM

China rulez the world...

Manfap 11-11-2014 09:14 AM

1/2 of ebay stuff seems to ship from China, so no real difference no?

L-Pink 11-11-2014 09:15 AM

Great, a site full of knock-off's, patent infringing, trademark violating Chinese assholes is flooding the world with more cheap shit. Amazing.

Barry-xlovecam 11-11-2014 09:20 AM

Quote:

The World Bank estimates that the global middle class is likely to grow from 430 million in 2000 to 1.2 billion in 2030. China and India will account for two-thirds of the expansion. (Source: Euromonitor. March 2010)
http://trendwatching.com/trends/statusphere/

I was just reading this earlier ...
Porn is illegal in China and rather restricted (production wise) in India.

But for mainstream digital goods these markets will have appeal. The Chinese and Indian definitions of the " middle class' " spendable incomes will not be the same as western incomes so many hard goods from western countries, made with western wages may be to expensive for export but goods made in Asia, paying local wages, will be marketable.

Digital goods may be the exception ...

American Psycho 11-11-2014 11:16 AM

Dupe post.

American Psycho 11-11-2014 11:17 AM

I buy dildos by the pallet full from China.
5000at a time.

Barry-xlovecam 11-11-2014 11:40 AM

Quote:

Originally Posted by American Psycho (Post 20285793)
I buy dildos by the pallet full from China.
5000at a time.

But that is not porn :P
Those are legitimate sanctioned export goods ...

Barry-xlovecam 11-11-2014 11:58 AM

Luxury shopping malls in China
 
http://www.suzhouvillage.com/en/brands/brands

Thing is, this is a limited new phenomena now.

DBS.US 11-11-2014 12:05 PM

Quote:

Originally Posted by L-Pink (Post 20285639)
Great, a site full of knock-off's, patent infringing, trademark violating Chinese assholes is flooding the world with more cheap shit. Amazing.

It's now called "Clones":winkwink:

Captain Kawaii 11-11-2014 12:13 PM

Nice trade deal announced today between China and Canada - cutting the dollar out completely.

Invest in defense contractors... I smell a war a brewin and its not from last nights curry.
:2 cents:

Chrisdong 11-11-2014 12:39 PM

Quote:

Originally Posted by American Psycho (Post 20285793)
I buy dildos by the pallet full from China.
5000at a time.

This is a serious business but what he said made me laugh.


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