BABA-SW (09988.HK) announced that its Southeast Asian e-commerce platform, Lazada, held the "Lazada 11.11 Our Biggest One-Day Sale" ("Lazada 11.11") on 11 November, which wooed around 800,000 brands and merchants to join, a double over a year ago.
During the first two hours of the shopping carnival, Lazada processed orders representing about 2,000% of the full-day amount in normal days.
During the first two hours of the shopping carnival, Lazada processed orders representing about 2,000% of the full-day amount in normal days.