Free Bitcoin, earn new cooperation of Alibaba
The adaptation of Bitcoin seems to be in China to rise, since the attitude of the government towards Bitcoin and Blockchain technology fundamentally has changed. Through a new partnership of Alibaba, buyers can earn free BTC.
Alibaba, China’s E-Commerce giant, is collaborating with the Bitcoin reward platform Lollipop. Lollipop users can now earn up to 5% Bitcoin back when they shop with Alibaba’s online articles. CEO and co-founder of Lolli, Alex Adelman takes (freely translated):
This is a milestone partnership for Lolli, as Alibaba is the biggest retail companies and E-Commerce companies in the world, and on Single’s Day, the world’s biggest shopping day of the year, starts.
Our partnership allows our users to earn free Bitcoin for millions of products online. Probably the most important Element of this partnership is that it supports our Mission to connect the whole world through trade.
Alibaba has just set a new sales record. Singles Day is the biggest 24-hour Shopping Event in the world, and Alibaba moved a whopping to 38.4 billion dollars in gross merchandise value (GMV), a measure that tabulates the sales on the shopping platforms of the company. In the past year, the number stood at almost 30.5 billion dollars.
The 24-hour Event, the Double 11 Shopping Festival known because it is on the 11. November, advertises huge discounts on Alibaba’s E-Commerce platforms such as Tmall. In the US, the sales development exceeded both the Black Friday and Cyber Monday. Alizila reported that in just 18 hours and 31 minutes and the number of delivery orders exceeded 1,042 billion dollars, and thus the total number of delivery orders during last year’s event at the 11. November 2018 exceeded.
In comparison, the Data Tracker Adobe Analytics predicts that retailers in the US will generate this year from Thanksgiving until Cyber Monday 29 billion dollars in sales. Headliner Taylor Swift opened Alibaba’s Singles Day on November 10. November with a glittering Show at the Mercedes-Benz Arena in Shanghai, where she presented three Songs from their Hits “the Lover”.
The extravagance corresponded to the boom in sales of the technology giant and its digital Cloud-based infrastructure. Alizila describes (freely translated):
Alibaba’s Chief Technology Officer, Jeff Zhang described the 11.11. in the Media Center at the company’s headquarters in Hangzhou, as a plane flying at turbo speed, only this year it has a brand new engine, After its core has shifted to systems in the Cloud, it increased the computing power underlying the Shopping Festival, clearly.
Public opinion in China against Bitcoin, crypto-currencies, and Bitcoin has changed in the last few months. President XI praised the Blockchain in the highest tones, and highlighted the potential of the technology for their own country. In addition, China will launch the digital Yuan in the first quarter of next year, 1.4 billion Chinese have access to fast and cheap transactions provide. It remains to be seen how these developments in China and the world economy to be affected.
Featured Image: Wit Olszweski | Shutterstock
