Chinese ecommerce giant Alibaba completed its 13th annual Singles Day celebration on Nov. 11 with 540.3 billion yuan ($85 billion) in what it calls gross merchandise volume over 11 days.
Since 2019—when it sold $38.4 billion in 24 hours—the online retailer has extended the sale to an 11-day period. Last year, Alibaba sold $75.1 billion over that time, including about $19 billion in 23.5 hours on Singles Day itself.
This complicates any year-to-year comparisons. Or, as Connie Ho, head of strategy at R/GA Shanghai, put it, “11.11
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