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In 2017, the Double 11 shopping festival saw Tmall’s single-day transaction volume surpass 168.2 billion yuan, with Ma Yun famously stating, “How come we didn’t make any money?†Despite this, the data showed that the total transaction volume on Tmall exceeded 168.2 billion yuan this year, with over 90% of transactions coming from mobile devices. Alipay processed 1.48 billion payment transactions, a 41% increase compared to last year, and the peak payment speed reached 256,000 transactions per second—2.1 times higher than the previous year. The number of logistics orders reached 812 million, and over 225 countries and regions participated in the event.
Ma Yun emphasized during a CCTV financial broadcast on November 11 that the goal of Double 11 is not to generate profit but to bring happiness to consumers and merchants, while also promoting technological advancement and talent development. His comments sparked mixed reactions online, with some users humorously saying, “Not about making money again! God’s words once more.â€
Meanwhile, JD.com reported that its Double 11 sales exceeded 127.1 billion yuan, with order volumes reaching 85% of daily production by the 11th. Data showed that JD’s national warehouse shipments surpassed last year’s total by 11:15 AM, and fresh produce production exceeded last year’s levels by 10:18 AM. However, both Alibaba and JD.com faced scrutiny over their reported figures, with Alibaba questioning whether JD added extra days’ data, and JD countering that Alibaba had already sold more than 20 days before the event.
In another story, a recent quality inspection by the Shanghai Bureau of Quality Supervision found that 4 out of 10 USB power adapters failed safety tests. Of the 20 tested products, 8 were found non-compliant, with issues related to electrical clearance, creepage distance, and insulation penetration. These defects could expose users to dangerous voltages when charging phones. Notable brands involved included Philips, Opple, and Orico. Consumers are now calling for recalls of these unsafe products.
Sony recently unveiled three new back-illuminated CMOS sensors, including the IMX411, which boasts 150 million pixels and supports 8K video recording at 18fps. The IMX461 will be used in future Hasselblad and Fujifilm cameras. While Sony has yet to release a full medium-format camera system, the new sensors are expected to hit the market in 2018, offering exciting possibilities for professional photographers.
On the other hand, iPhone X users have reported a new issue: a buzzing or clicking sound from the receiver when the volume is increased. Over 20 users have shared similar complaints online, and the problem appears to affect all models regardless of iOS version. Apple has reportedly been replacing affected units, so owners are advised to check if their device is part of the recall.
These stories highlight the rapid evolution of e-commerce, technology, and consumer electronics, while also reminding us of the importance of safety and quality in everyday products.