- Alibaba says it has raked in more than$ 38 billion in Singles Day sales, making it the biggest shopping holiday in China.
- The retailer smashed Amazon Prime Day records , which brought in$ 5.8 billionin sales this year according to estimates.
- As the record-breaking shopping extravaganza winds to a close, photos are emerging that show the aftermath of intense shipping demands.
- E-commerce companies reportedly pulled all-nighters to keep up with orders placed on November 11, and high-speed trains are being used to deliver packages.
- Photos show crowded logistics bases overflowing with packages as workers begin to send out packages.
- Visit Business Insider’s homepage for more stories.
Alibaba has reportedly s urpassed more than$ (billion in sales) as of Monday evening, and photos are beginning to emerge that show the intense aftermath of the world’s largest 24 – hour shopping event.
In the first hour alone, the retailer brought in an estimated$ 13 billion in sales.
The Chinese online retailer has already surpassed Amazon Prime Day’s record and then some.
Though Amazon has not released official sales numbers, the retailer took in an estimated$ 5.8 billionduring Amazon Prime Day 2019 according to analysts.
While Alibaba’s annual online shopping event is comparable to Black Friday or Cyber Monday in the US, the retailer consistently brings in more money than other worldwide retail competitors.
As Alibaba’s record-breaking shopping day winds to a close, workers have reportedly been working around the clock to keep up with intense e-commerce and shipping demands. The retailer isreportedly using high-speed trainsto keep up with deliveries, and workers in e-commerce facilities worked overnight to keep up with demand.
Last year, Alibaba took in an estimated $ 30 .8 billion in sales.
NOEL CELIS / AFP / Getty Images
This year, the retailer topped that amount by 26%, earning a whopping $ 38 billion – even in the midst of worries over a trade war with the US .
NOEL CELIS / AFP / Getty Images
An estimated 200, 000 brands participated in Alibaba’s Singles’ Day sales, according to the company.
REUTERS / Stringer
Source:Alibaba
Billions of dollars in sales may create a logistics situation for shipping companies throughout China as workers struggle to keep up with the influx of packages.
STR / AFP / Getty Images
Employees have already been pictured sorting packages in Chinese warehouses in Beijing to get them on the way to customers.
NOEL CELIS / AFP / Getty Images
This Yangzhou delivery company appears to be overflowing with packages bought during the holiday buying spree.
STR / AFP / Getty Images
Workers in chaotic-looking warehouses appear to be struggling to keep up with the large number of Singles’ Day orders.
NOEL CELIS / AFP / Getty Images
Photos show Singles Day packages piling up in warehouses in Beijing, China, and some warehouses look more crowded than others.
NOEL CELIS / AFP / Getty Images
Reports have suggested that the Chinese economy is slowing – perhaps incentivizing shoppers to take advantage of the day of deals.
VCG / Getty Images
Source: (Washington Post)
“Our goal is to stimulate [consumer] demand and support lifestyle upgrades in China through new brands and products, ”Fan Jiang, president of Taobao and Tmall, said in a press statement.
VCG / Getty Images
As packages of newly-bought goods begin shipping out, it’s fascinating to see the lengths that shipping companies are going to in order to send out packages in the shortest time possible.
VCG / Getty Images
Planes and even passenger trains are being used to transport goods all over the country and abroad.
Xu Congjun / VCG / Getty Images
Large amounts of cargo can be seen being loaded into airplanes, like this SF Airlines Boeing 757 aircraft at Nantong Xingdong International Airport .
Xu Congjun / VCG / Getty Images
Get the latest Alibaba stock price (here.)
GIPHY App Key not set. Please check settings