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JD.com gained 5% as it crushed its Singles Day sales record

Tiger Newspress2021-11-11

JD.com rose more than 5% in morning trading alongside news that the company has pushed through its Singles Day sales volume record.

The sales holiday had resulted in 311.4 billion yuan (about $48.6 billion) in transaction volume as of 2:09 p.m.; at that point there were several hours left in a now-extended Singles Day.

Last year JD volume hit 271.5 billion yuan (which doesn't directly translate into revenue as it's business transacted across its platforms).

As with Black Friday in the United States, Singles Day used to be a 24-hour sales event but has stretched out. JD offered a presale period from Oct. 20-Oct. 31, one reason that it's easier to break records now.

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

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评论（54）

  • MHh
    ·2021-11-12
    11/11 is a great day for both e-commerce companies and related industries as well as consumers!
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    • Venus_M回复MHh: 
      everytime want to buy food voucher often see selling in 2s [无语]  at times got to even ask seller one can dine? otherwise buy liao can't even utilise
      2021-11-12
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    • MHh回复Venus_M: 
      So clever!
      2021-11-12
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    • MHh回复Venus_M: 
      [Grin]
      2021-11-12
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    查看更多 2 条评论
  • koolgal
    ·2021-11-12
    JD you did it again!  Have more Singles Day to to ring in more sales! Go JD! 🚀🚀🚀🌙🌙🌙
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  • Barbarazhao
    ·2021-11-12
    Good news indeed
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  • SamYYL
    ·2021-11-12
    Like 
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  • kenlim45
    ·2021-11-12
    Good 👍 
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  • FannyNg
    ·2021-11-12
    With the popularity of online shopping, wonder how long can brick and mortar retailers survive? 
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  • GANCL
    ·2021-11-12
    For long term investment 
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  • tig2021
    ·2021-11-12
    Ok
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  • Boo2bear
    ·2021-11-12
    China's internal consumption can support the economy itself. 
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  • Maxsoh49
    ·2021-11-12
    Best on days seeing sales shoot up during 11 22 33…
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  • Wafu
    ·2021-11-12
    Like please
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    • Boo2bear: 
      Done. Pls like back
      2021-11-12
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  • mel18
    ·2021-11-12
    Wow
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  • Barbarazhao
    ·2021-11-12
    Great news indeed 
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  • robot1234
    ·2021-11-12
    Very good performance. Must add her into my watchlist
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    • PearlynCSY: 
      Good point
      2021-12-09
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    • robot1234: 
      Tks for sharing
      2021-11-17
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    • MengKeng: 
      big CN companies are being tracked by CN government, so buy/sell fast
      2021-11-12
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  • EHG
    ·2021-11-12
    Like 
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  • SPOT_ON
    ·2021-11-12
    Omg !!!
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    • SPOT_ON: 
      Good 👍 👍 👍 👍 👍 👍
      2021-11-12
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  • Sheryl04
    ·2021-11-12
    Pls like
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    • Sheryl04: 
      👍🏻
      2021-11-12
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    • JeremyKok: 
      hi. please like and comment back. thank you.
      2021-11-12
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  • Gackky
    ·2021-11-12
    so many singles, so many money[Miser] 
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    • Gackky: 
      i spent a lot of money on singles day[Spurting].. my pocket need top up[Sly]
      2021-11-12
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    • Venus_M: 
      are u one of them?
      2021-11-12
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    • Venus_M: 
      lol 😂
      2021-11-12
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  • PearlynCSY
    ·2021-11-12
    Wow, solid performance. Congrats to her retail investors
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  • ASMH
    ·2021-11-12
    Like 
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