Re:Alibaba hits nearly $18B in ‘Singles Day’ orders in 12 hours
by pwinnski on Saturday November 11, 2017 @01:12PM
(#15677359)
It's misleading because nobody is buying water or electricity or paying rent on Alibaba today for 11.11.
Comparing apples to apples would mean comparing the amount spent online in the U.S. with a single company. Even comparing apples to pears would mean comparing all online sales in the U.S. to Alibaba 11.11 sales.
Comparing all "consumer spending" in the U.S. with Alibaba 11.11 sales is, well, it's misleading.
Comparing apples to apples would mean comparing the amount spent online in the U.S. with a single company. Even comparing apples to pears would mean comparing all online sales in the U.S. to Alibaba 11.11 sales.
Comparing all "consumer spending" in the U.S. with Alibaba 11.11 sales is, well, it's misleading.