APAC:
Cecilia Kwok
Alibaba Group
+852 9132 7709
ceciliakwok@alibaba-inc.com
Shao Xiaoyi
Alibaba Group
+86 18658170996
shaoxiaoyi.sxy@alibaba-inc.com
Americas:
Brion Tingler
Alibaba Group
+1 917 528 1992
brion.tingler@alibaba-inc.com
EMEA:
Maja Hauke
Alibaba Group
+44 (0) 20 7 3958330
maja.hauke@alibaba-inc.com
Shanghai, China, October 31, 2017 - Alibaba Group (NYSE:BABA) officially kicked off its 11.11 Global Shopping Festival today, announcing an array of promotional initiatives, innovative consumer engagement features and unique entertainment that will lead up to November 11. Since 2009, this has become the largest and most anticipated online and mobile shopping festival in the world.
The 11.11 Global Shopping Festival has evolved from a 24-hour online sale into a 24-day festival season celebrated both online and offline. Consumers around the world will enjoy promotions and offers from more than 140,000 brands and 15 million product listings. For Chinese consumers, who are increasingly aspiring for quality products and a wider range of choice, more than 60,000 international brands will be available to them across the Alibaba marketplaces.
This year’s Festival will be the first time that merchants and consumers experience New Retail, Alibaba’s drive to integrate online and offline shopping experiences. Daniel Zhang, Alibaba Group CEO said: “The 11.11 Global Shopping Festival is a large-scale business collaboration bringing together consumers, retailers, logistics companies, financial institutions, online as well as offline stores and shopping centers around the world. It is a grand stage for showcasing the New Retail initiative pioneered by Alibaba.”
This year’s event will feature:
New Retail: During the Festival, Alibaba will collaborate with 52 shopping malls to set up 60 New Retail-powered Pop-up Stores across 12 cities in China. Consumers can visit a pop-up store of a cosmetics brand, for example, to experience an augmented reality (AR) lipstick trial.
Nearly 100,000 stores available in 31 provinces and 334 cities throughout China will also be converted into “smart stores” to bring a range of New Retail experiences such as facial recognition payment and scan-and-deliver O2O shopping. New Retail will also be rolled out for community stores such as Rural Taobao service centers and neighborhood convenience stores.
Buy Globally, Sell Globally: More than 60,000 international brands will be available across the Alibaba marketplaces. Participating brands include Adidas, Bose, La Mer, L'Oréal, Mac, Mattel, Mondelez, Nike, P&G, Shiseido, Siemens, Unilever, Uniqlo, Wyeth, Zara, and more.
Through a new Tmall initiative inaugurated in June this year, 100 Chinese brands can sell globally, with a focus on the Southeast Asian markets at the initial stage. Free shipping will be introduced to ten countries during this year’s Festival to extend the global reach.
Consumer Engagement and Retail as Entertainment: This year, Alibaba will continue to leverage its media and entertainment assets to drive online consumption. Chris Tung, Alibaba Group’s Chief Marketing Officer, said, “Alibaba Group’s 2017 11.11 Global Shopping Festival brings consumers around the world a step closer to realizing the aspirational life where entertainment and retail become one. Regardless of their physical location, consumers will be able to participate in more experiences than ever before this year, all showing the reality of New Retail. We start today but this is a festival with nearly two weeks of celebration and so many different ways to participate.”
About the 11.11 Global Shopping Festival
The 11.11 shopping festival began in 2009 with participation from just 27 merchants as an event for merchants and consumers to raise awareness of the value in online shopping. Last year, nearly 100,000 merchants participated in the global shopping event, with consumers spending RMB 120.7 billion (USD 17.79 billion) during the 24-hour period. For additional history and facts from last year’s festival, as well as the latest news and updates on the 2017 11.11 Global Shopping Festival, please visit Alizila: http://www.alizila.com.
About Alibaba Group
Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba, and that it will be a company that lasts at least 102 years.
APAC:
Cecilia Kwok
Alibaba Group
+852 9132 7709
ceciliakwok@alibaba-inc.com
Shao Xiaoyi
Alibaba Group
+86 18658170996
shaoxiaoyi.sxy@alibaba-inc.com
Americas:
Brion Tingler
Alibaba Group
+1 917 528 1992
brion.tingler@alibaba-inc.com
EMEA:
Maja Hauke
Alibaba Group
+44 (0) 20 7 3958330
maja.hauke@alibaba-inc.com