was successfully added to your cart.

In 11.11 Global Shopping Festival 2017 the most purchased product of consumers from Indonesia is the watch. Similarly announced Alibaba Group, Sunday, November 12, 2017.

Alibaba also announced total gross merchandise volume (GMV) transactions during the event reached US $ 25.3 billion or Rp 342.8 trillion. No mention of transaction value from Indonesia.

All these transactions made through Alipay on November 11, 2017, have increased 39 percent when compared to 2016.

There are more than 140 thousand brands and business players participating in this festival, including 60 thousand international brands available to customers in China. Recorded 225 countries are involved in all transactions. 167 business actors recorded revenues of more than US $ 15.1 million or Rp 205 billion. A total of 17 business actors achieved revenues of US $ 75.4 million or Rp 1 trillion.

And six business actors reached US $ 50.9 million or Rp 2 trillion in terms of sales. While most countries that sell to China are Japan, United States, Australia, Germany, and South Korea.

The US $ 25.3 billion value in a single day transaction not only illustrates sales results, it illustrates the aspirations to get a good product from the Chinese community, moreover it also illustrates how our customers and partners have been well received with the integration of online and offline retail , “Said Alibaba Group CEO Daniel Zhang in a written broadcast from Shanghai on Sunday, November 12, 2017.

Photo Courtesy AliPay.

Photo Courtesy AliPay.

As many as 90 percent of Alipay’s transactions are made through devices that increase from 2016 to 82 percent.

Alibaba processes 1.48 billion payment transactions, up 41 percent from 2016, and at its peak can process 256 thousand and Alibaba Cloud processes 325 thousand transaction orders per second.

Cainiao Network processes 812 million shipments of goods. The first shipment arrived in the hands of consumers, 12 minutes and 18 seconds after the opening of the Alibaba Group festival at 00:00. [1]

 

Alibaba Want To Reach Online Transactions On Southeast Asia Rp 877.5 T

Tracking its business in the digital free trade zone of Malaysia, Alibaba is eyeing the Southeast Asian market.

Together with the Malaysian government, Alibaba will handle digital trading transactions worth 65 billion US dollars (exchange rate Rp 13,500 per US dollar, – Nov 2017) and open 60 thousand jobs until 2025. The goal is that SME products can be marketed more widely Like big companies and encourage exports.

In the inauguration of the digital free trade zone in Malaysia, Alibaba founder Jack Ma praised the Malaysian government’s move to encourage SMEs and young entrepreneurs to be more competitive. ”This opportunity is not just for Malaysia, but SMEs and young entrepreneurs in Asia,” Ma said as quoted Techinasia, Friday (3/11).

Alibaba's 'Singles Day' sales grew by almost 40 per cent this year, the company says. (The Associated Press)

Alibaba’s ‘Singles Day’ sales grew by almost 40 per cent this year, the company says. (The Associated Press)

Alibaba boss opened the zone, Malaysian Prime Minister Najib Razak said, the launch of this zone marks the progress of the vision of economic transformation of Malaysia. ” It is also a step forward to be a provider of Asian resource needs, ” Najib said.

This digital free trade zone will directly benefit the largest online selling channel of Southeast Asia owned by Alibaba, Lazada. Lazada itself has captured consumers in Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam.

Ma will get a ‘bonus‘ from this free digital trading zone that is increasing trade with China. Traffickers diampu in Alibaba’s online trading channel such as Taobao and Tmall can sell more products to Malaysia and Southeast Asia.

Along with the opening of the digital free trade zone, Malaysia is also starting to build a trading logistics center run by Malaysia Airports alongside Alibaba’s business wing, Cainiao. To be operational from 2019, this logistics center is designed to be a one-stop storage center complete with warehouse and customs op- erations.

We believe Malaysia is the ideal place to reach ASEAN,” Alibaba CEO Daniel Zhang said in early 2017.

On the other hand, Malaysia also believes that easier exports and more efficient logistics centers will be positive for their economies. [2]

 

Alibaba Group Launches 2017 11.11 Global Shopping Festival

Over 140,000 brands offering 15 million quality products on sale throughout the 24-hour festival

Image Courtesy Alibaba.

Image Courtesy Alibaba.

More than one million stores to offer innovative New Retail experiences to consumers

Alibaba Group (NYSE:BABA) announced that its 11.11 Global Shopping Festival will officially launch pre-sale activities today, kicking off the festival period with more than three weeks of interactive marketing promotions, innovative New Retail experiences and new product offerings from around the world. Alibaba will host a press conference on October 31st in Shanghai to announce additional details and activities around this year’s 11.11 festivities and details of the gala.

Photo Courtesy Alibaba.

Photo Courtesy Alibaba.

Over 140,000 brands will participate in this year’s 11.11, offering promotions for more than 15 million product listings. More than 60,000 international brands will be available to the more than half a billion Chinese consumers visiting Alibaba’s platforms.

A year after Alibaba announced its New Retail strategy, this year’s 11.11 Global Shopping Festival will further showcase the possibilities for the future of retail by infusing physical retail elements in social media, interactive content, and entertainment in one ecosystem at an unprecedented scale. Some online to offline initiatives include:

Over 1 million stores from different merchants will utilize various online and offline integrations under Alibaba’s New Retail models to enhance merchant operations and create innovative consumer experiences;

More than 1,000 brands across various categories will be converting over 100,000 physical locations into “smart stores” which will feature a range of New Retail experiences from browsing, shopping tours, virtual fitting rooms, payments and deliveries;

More than 600,000 local neighbourhood convenience stores and 30,000 Rural Taobao service centers will be part of this year’s 11.11, utilizing Alibaba’s one-stop solution to digitize their businesses and to assist merchandising and inventory management. These small merchants will partner with leading international brands such as Mondelez, Lay’s, Ferrero and P&G to serve more than 100 million consumers;

Augmented-reality games like “Catch the Cat” will allow Chinese consumers to earn special promotion coupons and prizes when they find and scan the Tmall mascot using the Mobile Taobao App. Tmall mascots will be featured in thousands of retail stores including Starbucks and KFCs and other key shopping locations across China.

For the first time, Tmall will bring more than 100 Chinese brands overseas, offering special promotions targeting over 100 million overseas Chinese consumers in Asia and around the world.

Alibaba’s logistics network, Cainiao Network, expects over 3 million logistics personnel to handle the millions of packages generated from the 24-hour shopping festival. Cainiao Network will invest over US$200 million to help merchants and logistics partners to handle the increase in demand.

The 11.11 Global Shopping Festival Gala will take place on November 10th in Shanghai and will be directed by Hollywood producer David Hill for the second year in a row, featuring celebrity guests and performances livestreamed by three TV station partners in China: Zhejiang TV, Beijing TV and Shenzhen TV.

 





About the 11.11 Global Shopping Festival

The 11.11 shopping festival began in 2009 with participation from just 27 merchants as an event for merchants and consumers to raise awareness of the value in online shopping. Last year, nearly 100,000 merchants participated in the global shopping event, with consumers spending RMB 120.7 billion (USD 17.79 billion) during the 24-hour period. For additional history and facts from last year’s festival, as well as the latest news and updates on the 2016 11.11 Global Shopping Festival, please visit Alizila: http://www.alizila.com.

 

About Alibaba Group

Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba, and that it will be a company that lasts at least 102 years. [3]

 

This Article Curated by Benang Merah Komunikasi’s Editorial team.

We consider to take journalism ethics and contents reposting etiquette seriously, that you can find here about media ethics. We do curation article for our audiences, not for search engine bots. By addressing this growing area of concern we hope reader can be smart to filter and understand between content plagiarism and content curation method.

References Sources:

[1] Taken from Ini Paling Diburu Konsumen Indonesia di 11.11 Alibaba written by Muhammad Hendartyo, Yudono Yanuar for TEMPO.

[2] Taken from Alibaba Incar Transaksi Online Asia Tenggara Rp 877,5 T written by Nidia Zuraya for Republika Online.

[3] Taken from Alibaba Group Launches 2017 11.11 Global Shopping Festival written by Business Wire.

© 2004-2017 Copyright Benang Merah Komunikasi Indonesia. Registered Trademarks.

Made with in Indonesia