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    Chinese consumers spend big over Singles' Day shopping festival

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    2020-11-11 13:36:46Xinhua Editor : Li Yan ECNS App Download

    Chinese shoppers have spent big over the Singles' Day shopping festival, showing the country's strong economic recovery following the COVID-19 epidemic.

    Sales on Alibaba's e-commerce platform Tmall exceeded 372.3 billion yuan (56.29 billion U.S. dollars) between Nov. 1 and 12:30 a.m. on Nov. 11.

    At the shopping peak, 583,000 orders were made in a single second on Tmall, setting a new online shopping record.

    To cater to growing demand from Chinese consumers, Tmall launched this year's shopping festival early, with the first discount period running from Nov. 1 to Nov. 3 in addition to the normal full-day sales on Nov. 11.

    More than 800 million shoppers, 250,000 brands and 5 million merchants have participated in this year's shopping spree, according to Tmall.

    The event was first launched by Alibaba in 2009.

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