Please enter the content you want to search
X
Location: Home > Company News > Orders Reach RMB 9.057 Billion: The 6th Duoduo Double-10 Industrial E-Commerce Festival Sets New Record!

Orders Reach RMB 9.057 Billion: The 6th Duoduo Double-10 Industrial E-Commerce Festival Sets New Record!

Date: Oct 12,2021 Source:Beijing United Information Technology Co., Ltd

As of 21:20 on October 10, the 6th Duoduo Double-10 Industrial E-Commerce Festival officially concluded, with most products on platforms such as Toodudu, Wdoodoo, Boododo, Zdoodoo, Feidoodoo, and Lydodo sold out. The total group-purchase order volume reached RMB 9.057 billion, representing a year-on-year increase of 106.71% over the 5th festival in 2020 — once again setting a new single-day order record across all Duoduo platforms.

The Double-10 Industrial E-Commerce Festival was first launched in 2016, and this year marked its sixth edition. On the festival day, all Duoduo platforms featured cloud-factory products as the main highlight and partnered with core suppliers to offer flash sales, auctions, and special-deal promotions, while hosting 54 livestreaming sessions throughout the day. The event attracted enthusiastic participation from enterprises across numerous industrial chains.
During preparations for this year’s festival, the platforms also deepened their cloud logistics and cloud warehousing capabilities to further help users reduce costs and increase efficiency, ensuring another year of record-breaking growth in total transaction volume.

Historical Order Growth (in RMB 10,000)

  • 2016: 7,433.13

  • 2017: 34,547.79

  • 2018: 102,433.78

  • 2019: 215,018.17

  • 2020: 438,168.94

  • 2021: 905,751.73

During the October 9 livestream launch, IBI Chairman Liu Quan and President Qian Xiaojun, together with the CEOs of various Duoduo platforms and core teams, delivered remarks emphasizing the shared goal of co-building, co-advancing, and co-sharing the industrial-internet ecosystem. They also reviewed the strategic achievements made under IBI’s “Platform + Technology + Data” framework and expressed strong confidence and ambition for future development.

Each Duoduo CEO and core leader further elaborated on the platforms’ strategic directions through keywords such as digital supply chain, new tracks, new paradigms, dual circulation, industrial collaboration, and industrial internet. They also hosted interactive livestream sessions featuring prize drawings, while explaining each platform’s industrial-chain product composition — bringing the energy of the industrial e-commerce sector to a new high.