🔴 LIVE BLOG:Alibaba’s 2024 11.11 Global Shopping Festival 🔥

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🔴 LIVE BLOG:Alibaba’s 2024 11.11 Global Shopping Festival 🔥

  • 589 brands surpassed RMB100M GMV, with 45 crossing RMB1B
  • 88VIP orders rose 50% YoY; members spend 9x more than average shoppers
  • Double 11 reflects China’s shifting consumer values, with rising demand for premium, emotionally fulfilling, and personalized products
  • Tmall and Taobao is setting a benchmark in adapting to and shaping the aspirations of China’s discerning middle-class and Gen Z consumers
11.11 Global Shopping FestivalAlibabaE-CommerceTaobao

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