The frenzy of Thanksgiving and Black Friday sales is now over in America. According to Adobe, the total revenue from online sales reached USD 4.47 billion, up 18 percent from last year.
Chinese e-commerce giant T-mall was the winner on Singles Day or Double 11, China’s Black Friday. It set a world record for overall transactions with RMB 91.2 billion (USD 14.3 billion), about three times higher than the USD 4.47 billion Black Friday revenue in America.
AllChinaTech selects core data to compare the largest shopping festivals in the U.S. and in China.
