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Stock impact report

Black Friday to hit $6.2B in US online sales, mobile accounting for nearly half of all sales [TechCrunch Blog]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: TechCrunch Blog
After a record-breaking Thanksgiving with $3.7 billion in digital sales across desktop and mobile devices, it looks like Black Friday will also pull in a bumper year for e-commerce. Adobe — which tracks trillions of transactions across a range of retail sites — says that as of 5pm Pacific time, $4.1 billion was already spent online . More than one-third — 34.3 percent — of all sales are coming from smartphones, and with another 10 percent coming from tablets, mobile overall is coming close to accounting for nearly half of all transactions, a major milestone. The $4.1 billion total so far means that before the full day has even been tallied, shoppers have made more purchases online during Black Friday than during all of Thanksgiving the day before, when $3.7 billion was spent (a record amount for the holiday). The total as of 5pm is also 23.3 percent higher than US consumers spent at the same point in the day a year ago. Adobe says the day is on track to Show less Read more
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