Beijing: Now only a few hours are left for the single day sale from the Alibaba company to end. The company made a turnover of $ 30.5 billion (Rs 2.17 lakh crore) in the first 16 hours through this cell. The company broke its previous record with a turnover of $ 2.17 billion. The company’s previous record was $ 30 billion.
The company touched the figure of Rs 7000 crore in the first 1 minute and 8 seconds. The online sale, which started at 12 pm on Sunday (according to the time of China) with the performance of American singer Taylor Swift, will run till midnight Monday.
According to the sales, the number of orders received in a second reached a record 5.44 lakh. This figure is 1360 times more than in the year 2009. The company started Singles Day Sale in the year 2009 itself.
The day of November 11 was decided by Alibaba because, on this date, 1111 means four times a single. Alibaba’s Singles Day has now become the largest online sale in the world.
Singles Day is also important because Alibaba is also working on a plan to raise $ 15 billion through an IPO for listing in Hong Kong’s stock market. It is believed that singles day sale figures can prove to be helpful to woo investors of IPO.