On the record night of global carnival season of tmall double 11 in 2020, the total trading volume of tmall double 11 reached 498.2 billion yuan from November 1 to 0:00 on November 12. In his concluding speech, Jiang Fan, President of Taobao tmall, said that 498.2 billion yuan was the transaction amount paid, excluding the property, automobile and other emerging categories. “Under the same period and caliber, the sales volume of tmall’s double 11 this year is 498.2 billion yuan, an increase of 26% compared with last year.”. Jiang Fan said that the double 11 does not belong to Ali, but is the result of the participation of the whole society. “We benefit from the very strong consumption recovery in China after the epidemic, and we provide a stage for the industrial belt.”. According to statistics, during this year’s double 11, 31766 overseas brands participated, 105 industrial belts with a turnover of more than 100 million yuan, and 2.1 million offline stores participated. Among them, there were 410000 agricultural products in 1406 counties, and the amount of AI adjustment exceeded 15 trillion times. Global Tech