Order of 9.057 billion, the 6th Duo Duo Double Ten Industrial E-commerce Festival achieves new success!

October 12, 2021

As of 21:20 on October 10, most products on platforms such as TDD, WDD, BDD, PaperDodo, FDD, LYDD were sold out. The sixth Double Ten Industry E-commerce Festival has concluded with a total of collection orders 90,575,173,000 yuan, more than 106.71% growth compared to the fifth festival (2020), once again setting a new single-day order record for Duoduo platforms.

The Duoduo Double Ten Industry E-commerce Festival was first held in 2016, and this year marks the sixth edition. On the festival day, various Duoduo platforms launched cloud factory products first, collaborated with core suppliers to offer flash sales, auctions, and special deals, and hosted 54 live-streaming events, attracting active participation and attention from industry chain enterprises. In addition, during the preparation for this festival, the platform actively explored the value potential of cloud logistics and cloud warehouses to further help platform users reduce costs and increase efficiency, providing strong support for achieving double-digit growth in Double Ten transaction volumes year after year.

► 2016 year 74,331,300 yuan

► 2017 year 345,477,900 yuan

► 2018 year 1,024,337,800 yuan

► 2019 year 2,150,181,700 yuan

► 2020 year 4,381,689,400 yuan

► 2021 year 9,057,517,300 yuan

At the Double Ten kickoff live stream on October 9, IBI Chairman Liu Quan and President Qian Xiaojun appeared along with CEOs and core teams from Duoduo platforms. Through speeches, they expressed the value goals of building, promoting, and sharing an industry internet ecosystem with industry chain enterprises, sharing the achievements IBI has made under the guidance of the “platform, technology, data” strategy, and expressed their ambition and confidence in future development.

Subsequently, each Duoduo CEO and core team shared the platform's specific construction ideas from multiple dimensions using keywords like the digital supply chain, new tracks, new paradigms, dual circulation, Jianghu rally call, and industrial internet. Through live-stream giveaways, they further explained the product composition of each platform's industry chain operations.