Culturemoneycommerce

Tue Nov 14, 2017, 09:25 AM

Alibaba just did $25b in sales in a single day

Do you find this unnerving? Slightly terrifying? No big deal? A shuddering and surreal sign that all is not well in the world? Perhaps you should.

I’m talking about Singles Day, of course, AKA "the world's biggest shopping day," as run by that same world's biggest, most powerful e-commerce site: China’s Alibaba.

Think of Singles Day as Black Friday colliding with Cyber Monday in an orgasmic nightmare cataclysm of apoplectic consumerist hysteria, times four. Indeed, Alibaba moved an Earth-shaking $25.3 billion worth of product— up from $16 billion last year — all in one day. (By comparison, Amazon moved just $1 billion in stuff during its last Prime Day, AKA “our biggest day ever.” This year, Alibaba cleared $1 billion in the first two minutes.) That $25 billion, like it matters, is higher than the GDP of Iceland.

At one point, the site was processing 325,000 orders per second. The televised gala celebrating the epic weirdness was directed by the guy who produced the Oscars. Nicole Kidman was there, on stage with Alibaba Group chairman Jack Ma, because of course she was. Pharrell Williams sang a song, most likely “Happy.” The world is very weird.

http://www.sfgate.com/opinion/article/Alibaba-singles-day-jack-ma-jeff-bezos-amazon-12353896.php

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Reply Alibaba just did $25b in sales in a single day (Original post)
Agent_86 Tuesday OP
Daves Not Here Man Tuesday #1
quad489 Tuesday #2
uncledad Tuesday #3
orson Tuesday #4
uncledad Tuesday #5
Currentsitguy Tuesday #6
Agent_86 Tuesday #7

Response to Agent_86 (Original post)

Tue Nov 14, 2017, 09:36 AM

1. I think I used that site once...

Me and a couple buddies bought NFL jerseys from there. They were $25 a pop with $50 shipping for our order. They really upped their knockoff game overseas. These jerseys were sweet. As good as the ones from NFL.com.

Those lil fingers really get that stitching perfect.

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Response to Agent_86 (Original post)

Tue Nov 14, 2017, 09:38 AM

2. It's telling all the people who enable China being #1 polluter on this planet...you should be proud!

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Response to Agent_86 (Original post)

Tue Nov 14, 2017, 09:41 AM

3. That's a lot of Keurig coffee makers.

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Response to uncledad (Reply #3)

Tue Nov 14, 2017, 10:28 AM

4. What do you mean I can't return it?

That boot print was there when I bought it two years ago.

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Response to orson (Reply #4)

Tue Nov 14, 2017, 11:40 AM

5. Call the manager.

Manager says give them a store credit.

Call the manager's boss.

Credit their account it was paid from minus a restocking fee of 2%.

Call the manager's boss' boss.

Tell them they can have the money if they sign a non disclosure agreement. Call Equifax and list them as a credit risk. Call their bank and tell them you suspect their cc was stolen. Call Jeff Sessions and have him sign an autograph. Call IT department to swap Session's signature with the customer's and sent it to Wikileaks.

I think I got it covered.

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Response to Agent_86 (Original post)

Tue Nov 14, 2017, 11:49 AM

6. I'm just trying to get my head around the logistics involved.

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Response to Currentsitguy (Reply #6)

Tue Nov 14, 2017, 12:30 PM

7. Same here.

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