Singles’ Day: annual shopping event helps raise performance of China’s cloud services sector

//Singles’ Day: annual shopping event helps raise performance of China’s cloud services sector

Singles’ Day: annual shopping event helps raise performance of China’s cloud services sector

Within seconds after midnight struck for this year’s edition of Singles’ Day, the world’s largest shopping festival, hundreds of thousands of orders started rolling through the e-commerce platforms of Alibaba Group Holding, as eager consumers rushed to grab steep discounts on various merchandise sold online.Transactions peaked at 583,000 orders per second in the first 26 seconds after midnight on November 11, which was more than 1,400 times the capabilities in 2009 when Alibaba introduced its…

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By | 2020-11-16T13:15:14+00:00 November 16th, 2020|Business|Comments Off on Singles’ Day: annual shopping event helps raise performance of China’s cloud services sector