Alibaba records Singles’ Day GMV of $84.54 bn over 11-day sales period

Alibaba Group recorded Singles’ Day gross merchandise value (GMV) of 540.3 billion yuan ($84.54 billion) over the 11-day sales period.
Alibaba.com e-commerce sales
The e-commerce major from China said 290,000 brands participated in the 11.11 Global Shopping Festival this year, of which 65 percent are small and medium-sized businesses, manufacturers from industrial belts and new brands. Agricultural belts in less developed regions enjoyed strong sales, with GMV of agricultural products from these regions growing 20 percent year-over-year.

Alibaba Group migrated all systems and operations onto its public cloud ahead of this year’s 11.11 Global Shopping Festival. Use of renewable energy in the Zhangbei County data center reduced more than 26,000 tons of carbon emission.

Highlights from the 2021 11.11 Global Shopping Festival

78 brands grew to surpass RMB100 million in GMV this year, up from RMB10 million in GMV last year, while 698 brands grew to surpass RMB10 million this year from RMB1 million in GMV last year.

More than 45 percent of consumers that made purchases were born in the ‘90s and ‘00s. Consumers born in ’00s increased by 25 percent year-over-year.

500,000 products with official Green Product Certification from more than 2,000 merchants were featured in a dedicated eco-friendly vertical on Tmall.

Over 1,600 brands participated in the new membership challenge campaign on Tmall and attracted over 97 million new members during this Global Shopping Festival.

More than 1.3 million new products were offered by over 29,000 overseas brands that participated via Tmall Global this year, with some 2,800 overseas brands joining for the first time.

From November 1 to 10, 90 emerging brands remained as the top brand by GMV in their respective small categories for three consecutive years. 275 emerging brands saw their GMV doubled YoY for three consecutive years.

Over one million packages were delivered by around 350 Xiaomanlv driverless vehicles from November 1 to 10, surpassing the volume of packages delivered by Xiaomanlv vehicles from September 2020 to September 2021.

The 11.11 Global Shopping Festival began in 2009 with participation from 27 merchants as an event for merchants and consumers to raise awareness about the value of online shopping. More than 290,000 brands participated in this year’s event.