Alibaba mum on Singles Day sales tally, says in line with 2021


A delivery worker sorts parcels at a makeshift logistics station ahead of Alibaba's Singles' Day shopping festival, following the coronavirus disease (COVID-19) outbreak in Shanghai, China, November 10, 2022. REUTERS/Aly Song

SHANGHAI (Reuters) - Alibaba Group opted not to disclose the final sales tally of its annual Singles Day shopping festival for the first time since it started the event in 2009, saying only that results were in line with last year.

Last year's 8.5% rise in gross merchandise value (GMV) for Alibaba's platforms had been its lowest yet, following a 26% jump in 2020. Before 2020, the festival was a one-day event.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Apple loses more AI researchers and a Siri executive in latest departures
A chatbot entirely powered by humans, not artificial intelligence? This Chilean community shows why
From fear to familiarity: empowering Malaysia's seniors in the digital age
Oracle says it plans to raise up to $50 billion in debt and equity this year
X back up after brief outage hits US users, Downdetector shows
Musk says steps to stop Russia from using Starlink seem to have worked
French tech company Capgemini to sell US unit linked to ICE
Indonesia lets Elon Musk's Grok resume, lifting ban over sexualised images
I'm a parent, how worried should I be about AI?
Elon Musk's Grok generated 3 million sexualised images in just 11 days, new analysis finds

Others Also Read