Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

fair point - the figures released by taobao are those in the article, so if you distrust those, then so be it.

Anecdotally, I believe it. Everyone I know was buying stuff that day, and not in small amounts - I bought 2 years worth of toothpaste, some baby products, shower gel... average per-order value needs only to be 180RMB, 86RMB per reported user, which isn't a lot of money at all here, despite income disparity.



Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: