In 2014, Taobao's Double 11 transaction volume was 60 billion yuan, and Alibaba's market value exceeded 300 billion US dollars

According to this ratio, the transaction volume of Double Eleven in 2014 has exceeded 20 billion yuan at 7:17, so it is very possible that the daily transaction volume will reach 60 billion yuan. The author's prediction last year is also very likely to come true.

Figure 2: 2013 Double 11 PK 2012 Double Eleven

Alibaba's market capitalization exceeds $300 billion

Unlike last year, Alibaba went public this year, and the transaction volume directly affected Alibaba's stock price. According to the "Prospective Industry Research Institute" released by the2015-2020 China E-commerce Industry Market Prospect and Investment Strategic Planning Analysis ReportAccording to the information, Alibaba was on September 19 this yearUnited StatesThe listing opened at $92.7, up 36.32% from the issue price of $68.

Alibaba's revenue for the third quarter of 2014 was about US$2.7 billion (16.8 billion yuan), an increase of 53% year-on-year, and Alibaba's stock price rose 4% on the same day, with a market value of US$261.4 billion. The performance of Taobao's Double 11 has stimulated investors even more, and the US stock market has fully confirmed the "rocket launch into the air" performance, with Alibaba's stock price rising 4% to close at $119.19, with an intraday high of more than $300 billion.

  E-commerce in Double 11 PK, this is their battlefield, but also their carnival, Suning's goal of Double 11 is to exceed 10 billion in a single day, although the ambitious JD.com has not officially announced the results of the day of Double Eleven, but the stock price has risen by 6%. Other Vipshops, Jumei, and Dangdang performed well, and their stock prices rose to varying degrees.