Alipay mobile payments performed 90% of Alibaba sales volume during “11.11”

China Singles Day 2017, or “11.11” as it also is called, created a new record for Alibaba and fantastic numbers last Saturday. Total sales was at Alibaba was $25.3 billion, 1.5 billion transactions and 90% of the sales was settled on mobile via Alipay. That’s 17k transactions per second during the shopping hysteria day :-).

Read more here.

 

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