Tmall global sales increase 10 times in 10 months
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China’s largest e-commerce group Alibaba said on Monday transaction size at its overseas shopping division Tmall International added more than 10 times since its initial launch in February this year.
By the end of November this year, as many as 5,400 overseas brands from 25 countries and regions have opened official marketplace at Tmall. Among them, 30 Tmall stores have recorded transaction of more than CNY10 million (USD1.6 million).
Foreign retailers such as Metro AG are also planning to open their official stores on Tmall early next year.
Questions & Answers
Q.How much has Tmall International's transaction size grown since its launch?
How much has Tmall International's transaction size grown since its launch?
Tmall International's transaction size has increased by more than ten times since its initial launch in February this year. This significant growth was reported by Alibaba on Monday.
Q.How many overseas brands have opened stores on Tmall International?
How many overseas brands have opened stores on Tmall International?
By the end of November this year, 5,400 overseas brands from 25 countries and regions had opened official marketplaces on Tmall International. This demonstrates a wide international presence.
Q.Which foreign retailer is planning to open a Tmall store early next year?
Which foreign retailer is planning to open a Tmall store early next year?
Foreign retailers such as Metro AG are planning to open their official stores on Tmall early next year. This indicates continued expansion and interest from international businesses.
Q.How many Tmall stores have achieved transactions over CNY10 million?
How many Tmall stores have achieved transactions over CNY10 million?
Among the numerous stores, 30 Tmall stores have recorded transactions exceeding CNY10 million, which is equivalent to USD1.6 million. This highlights a subset of highly successful merchants.