China's online shopping mall predicts it will crush over $ 30 billion – Xinhua

BEIJING, November 10 (CTK) – According to estimates, App Annie should reach the largest sales of China's largest online shopping festival this year.

App Annie also predicted that shopping madness would violate the world record in selling mobile e-commerce.

Last year, the Alibaba Group, a Chinese e-commerce industry, has spread the shopping festival to the Western market by downloading its AliExpress application grew in the United States and Britain.

Shopping, also known as Individual Day or Double 11, is declining each year on 11.11. And sales in 2017 reached 168.2 billion yuan for 24 hours at the Tmall Global Shopping Festival.

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