However, Alibaba says the event was meant instead to shine the
spotlight on online-to-offline purchases. This means consumers reserve and
pay for purchases that have to be redeemed in real life by using mobile devices
instead of cash.
In total,
more than 2 million discounted movie tickets, 35,000 restaurant
reservations and 19.8 million karaoke songs were redeemed on March 8 during
the Mobile Taobao 3.8 Life Festival. Alibaba
didn’t reveal how much consumers spent.
Comparatively,
Alibaba’s annual 11.11 Shopping Festival – China’s answer to
America’s Cyber Monday shopping bonanza — saw Chinese shoppers splurge a jaw-dropping record CNY35.01 billion ($5.7 billion) in just 24 hours last
year. About 21 percent of the orders were placed via mobile devices, which
could have made Alibaba tempted to tap on this potential.
Yet if
Alibaba wants to focus on using mobile devices to drive purchases that can be
redeemed offline, it seems like there’s still some way to go — as witnessed in
its Mobile Taobao 3.8 Life Festival. Alibaba’s mobile efforts come as
Chinese Internet giant Tencent announced a strategic partnership with online retailer JD.com
today, waging war on the e-commerce stalwart in China.
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