Alibaba sees double-digit sales growth for Singles’ Day in Hong Kong

Taobao, mainland China’s largest online shopping platform, has so far achieved double-digit, year-on-year growth in both gross merchandise value (GMV) and order volume in Hong Kong on the back of that promotion, according to David Ye Jianqiu, general manager of Tmall Taobao World, a unit of Alibaba International Digital Commerce Group (AIDC).

“The user feedback on this free shipping plan is quite positive,” Ye said in a media briefing on Thursday, adding that he is confident of Taobao posting double-digit, year-on-year GMV growth during its Singles’ Day campaign in the city.

Ye said Taobao now counts more than half of Hong Kong’s population as users, which makes the city “one of the most important markets for Alibaba”.