When Singles Day first started in 2009, it was sort of a China where companies started massive sales on November 11th. Since then it has grown with more and more countries and companies around the world participating, and every year it is amazing to see how much money has been spent on the sale itself.
That being said, this year seems like another one of those years, and it seems to have helped Apple a lot. This is because Chinese online retailer JD managed to sell a whopping 100 million yuan worth of iPhones in 2 seconds, according to a report from CNBC.
Yes, the company managed to move $ 15 million worth of iPhones in less time than it took you to read this article! The report adds that both Alibaba and JD alone managed to generate approximately $ 139 billion in revenue during the shopping event, which appears to have set a new record.
As mentioned earlier, Singles Day has grown over the years where it used to be a flash sale day, but in the past few years we’ve seen it change, from the beginning of November to a multi-week one The event became the 11.
Pickled. Read more about China and iPhone. Source: cnbc
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