date:Nov 12, 2012
ome during the October 1st National Day holiday and Chinese New Year. 10,000 brands reportedly participated in this years event, including foreign companies like Adidas, Nike and the Gap.
Opened for business in 2008, Tmall is one of Alibabas newer sites, but it has caught on quickly. Its GMV last year topped $16 billion (RMB 100 billion) and is expected to hit surpass $32 billion (200 billion) in 2012. That would mean Sundays sales brought in almost 10 percent of Tmalls sales volume in just one