The 24-hour Tmall Double 11 carnival ended in a bustling environment. The digital screen of the Shenzhen Universiade Center stopped scrolling, freezing another result of new economy participants - 120.7 billion yuan.

1. Just 20 seconds after zero o'clock, Tmall's Double Eleven sales exceeded 100 million like a rocket. After only 52 seconds of the opening, sales reached 1 billion mark, 6 minutes and 58 seconds. In the time of a song, sales easily exceeded 10 billion mark. According to historical statistics, it took 12 minutes and 28 seconds to reach this data last year.

2. The first order of Tmall Double 11 was delivered in 2016 only 13 minutes, faster than takeaway, great!
00:00:09 The payment was successful, 00:06:51 The product was packaged and sent from the warehouse, and the signing was successful at 00:13:19. When Mr. Huang from Lubao Town, Foshan was still buying, EMS, a member of the Rich Alliance, sent a package. What a quick express delivery of GG! Cainiao's daily logistics order volume exceeded 467 million and set a record high of 11 in the village. The first order of the first time in the village was signed for 1.5 hours.

3. Merchant sales: As of 8 a.m. on the 11th, five flagship stores, including Suning.com, Xiaomi, Uniqlo, Honor and Haier, have become the top five Tmall top merchants.
At around 10 a.m., all Uniqlo products were removed from the shelves and the merchant informed that they were sold out!

4. In the industry brand top ranking list, Three Squirrels ranked first in the food category, the first in footwear was taken away by camels, the beauty category Pechoin occupied the first place without any suspense, and Barabala won the first place in the maternal and infant category. Both women's and men's clothing categories were occupied by Uniqlo. Apple ranks first in the mobile phone category, followed by Honor, Xiaomi and Meizu.
5. Behind the hot sales, there is strong technical support. In the first 30 minutes of the opening of Tmall Double 11 in 2016, the peak transactions per second were 175,000 transactions per second, and the peak payments per second were 120,000, both of which set a new record. You should know that in the first Double 11 seven years ago, the peak transactions were only 400 transactions per second, and the peak payments were only 200 transactions per second, an increase of hundreds of times in 8 years.
6. 11:00:00, the global carnival transaction volume of Tmall Double 11 in 2016 was 76.9 billion yuan, and the wireless transaction volume accounted for 83.96%.
7. While shopping people in first- and second-tier cities are buying wildly, are online shopping people in third- and fourth-tier cities watching coldly? Obviously not. As of 12 o'clock, the top 10 counties for consumption in Tmall Double 11 Global Carnival in 2016 have been released, with the top three being Kunshan, Jiangsu, Yiwu, Zhejiang, and Cixi, Zhejiang. Zhejiang and Jiangsu also occupied four seats in the top ten.
8. The Double Eleven Gala invited half of the entertainment industry, and the Double Eleven data alarmed the entire media industry!
9. A moment worth remembering, it exceeded 91.2 billion at 15:19:12, exceeding the turnover on Double Eleven on 2015.

10. As of 17:00:00, a total of 220 countries and regions participated in the 2016 Tmall Double 11 Global Carnival
11. At 18:55, the global carnival transaction volume of Tmall Double 11 in 2016 was 100 billion yuan, and the wireless transaction volume accounted for 83%.

12 , 22:12 points exceeded 111.1 billion! Remember this historic moment!

13. As of 23:00, the global hot selling list of Tmall Double 11 and the top 5 consumer cities and counties in Double 11!

14. It is less than an hour before the end of Double Eleven. Jack Ma came to the data center of the Double Eleven media area. Jack Ma said that he was already very satisfied with his results today! Double 11 is no longer a matter of how much sales are sold on the digital scale. We most hope that Double 11 will bring happiness to all buyers and sellers. Happiness is what we most hope to quantify. Jack Ma also said: We will do 100 Double 11! There are still 92 years left! The future Double Eleven will be held in the United States, Europe and other world.
Jack Ma said that after eight years of development, he saw that the "three horses" of China's new economy proposed last year: consumption, service industry and high technology have greatly supplemented and promoted the original "three horses" of exports, investment and consumption.
Jack Ma said that if you pay attention to "Double 11", the entire Chinese e-commerce, and even the entire China's future new retail, you can see that a domestic demand market with a huge population of 1.3 billion is being opened little by little by little by little by little by little by little by high technology and the Internet in a unique form. China's e-commerce and the Internet have created a brand new commercial infrastructure. Whether it is payment, logistics, commodity accumulation, or consumer experience and feelings, it is completely unimaginable ten years ago.
Jack Ma emphasized that this is what Alibaba hopes to build. Twenty years later, a brand new online economy will be born in the world. Everyone may be able to do global business through their own mobile phones and through connections with the economy.
"What we want to build is an economy. We imagine that in twenty years, the world will have a virtual economy, just like today's Yangtze River Delta is an economy, the Pearl River Delta is an economy, California is an economy, and the EU is an economy, an economy on the Internet will appear. On this economy, young people, small and medium-sized enterprises around the world, and all walks of life around the world will use the infrastructure on this network to use the infrastructure of the future new economy to buy and sell globally." Jack Ma said.
Jack Ma revealed that all employees on Taobao and Tmall are only 10,000, but Alibaba Group has nearly 50,000 employees, and what nearly 40,000 employees do has nothing to do with Taobao and Tmall. Alibaba bets all its resources on how to change in developing countries in the next twenty years, especially rural poor areas.
Jack Ma also said, "We positioned this company as a builder, participant and operator of an economy." This economy does not belong to us Alibaba. Just like Alibaba does not belong to these people, I am just fortunate to participate in the construction of this company, but I am fortunate to participate in the construction of an innovative economy.

The 2016 Double Eleven ends, let’s look forward to next year together!

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