Alibaba.com's September Procurement Festival Posts Nearly 20% YoY Rise in Buyer-Driven GMV in First Week, US Order Volume Surges 31.6%

On September 9, Alibaba.com released first-week data for its September Procurement Festival, showing that buyer-driven GMV increased by nearly 20% year-on-year, high-quality business leads rose 25.4% year-on-year, and nearly 90% of sectors recorded positive growth, covering multiple categories including consumer electronics, beauty and personal care, machinery, new energy, packaging and printing. In terms of market performance, demand has been released across multiple levels during this year's procurement festival, with markets including the US, Canada, Spain and the UK all maintaining high growth. The US led the pack, with order volume up 31.6% year-on-year. Demand is expanding across a wider range of categories. Taking the US as an example, overall orders for the security and access control category more than tripled year-on-year; the momentum of home fitness consumption drove a 125% increase in orders for sports and entertainment categories; orders for gifts and crafts rose nearly 60%. A consumer electronics merchant based in Shenzhen, whose core products are gallium nitride fast chargers and AI security cameras that have tapped into surging demand, secured million-dollar orders from the US market in the first week alone. In addition, procurement methods are also changing. Data shows that transaction value for merchants driven by AI search increased by 36% year-on-year. AI search is emerging as a new gateway for buyers to discover products and for merchants to access business opportunities. This article was first published on the official website of Ebrun. [Source: Ebrun Go, an automated writing robot developed by Ebrun that delivers e-commerce industry intelligence via algorithms in real time. This tool is still in its early stages. Feel free to contact run@ebrun.com or leave a message to help it improve.]