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Taobao Instant Commerce Marks 100M+ New Customer Orders During Double 11
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BABA-W (09988.HK)(BABA.US)'s e-commerce platform Tmall released data for the Double 11 shopping festival. As of yesterday (5th), the Taobao Instant Commerce channel brought in over 100 million cumulative orders from new users during the Double 11 period. Among them, the transaction amount for 19,958 dining brands and 863 non-dining brands proliferated by more than 100% compared to before Double 11. AASTOCKS Financial News Website: www.aastocks.com |
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