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Kenya Discussion
(Moderators:
RV Pundit
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patel
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Nefertiti
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Pajero
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KenyanPlato
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Kichwa
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I think Chinese are manipulating data - $30bil in one day???
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Topic: I think Chinese are manipulating data - $30bil in one day??? (Read 1725 times)
Georgesoros
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Enigma
Posts: 4207
Reputation: 7043
I think Chinese are manipulating data - $30bil in one day???
«
on:
November 11, 2019, 04:08:46 PM »
Tweet
https://www.cnbc.com/2019/11/11/alibaba-singles-day-2019-record-sales-on-biggest-shopping-day.html
Robina,
Please do your magic and investigate this. Is this the new Soviet style manipulation?.
What the heck is going on...
RV Pundit
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Enigma
Posts: 37009
Reputation: 1074446
Re: I think Chinese are manipulating data - $30bil in one day???
«
Reply #1 on:
November 11, 2019, 04:12:15 PM »
If Alibaba have 500m customers - then 30B is pocket change
Nefertiti
Moderator
Enigma
Posts: 10811
Reputation: 26106
Shoo Be Doo Be Doo Oop
Re: I think Chinese are manipulating data - $30bil in one day???
«
Reply #2 on:
November 11, 2019, 05:11:26 PM »
Alibaba is listed on Wall Street and cannot lie without severe reprisal from the SEC. So i agree with Pundit - these are legit numbers.
I desire to go to hell and not to heaven. In the former place I shall enjoy the company of popes, kings, and princes, while in the latter are only beggars, monks, and apostles. ~ Niccolo Machiavelli on his deathbed, June 1527
RV Pundit
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Enigma
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Re: I think Chinese are manipulating data - $30bil in one day???
«
Reply #3 on:
November 11, 2019, 05:52:27 PM »
There are 4.5B people on internet. Imagine if you captured all of them - and each bought something for 10 dollars - that will be 45B dollars.
The next generation of companies driven by tech will be humongous.
Georgesoros
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Enigma
Posts: 4207
Reputation: 7043
Re: I think Chinese are manipulating data - $30bil in one day???
«
Reply #4 on:
November 11, 2019, 09:36:34 PM »
Trumps nationalism is SCREWED!!!
I think China will not budge. Her economy although small is solid. They can afford to wait it out while opening other channels. Obama was a visionary with TPP, but the moron killed it.
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I think Chinese are manipulating data - $30bil in one day???