In 2023, Alibaba's total transaction volume for Double 11 is expected to reach a new high, and it is predicted that it may exceed 200 billion US dollars. This figure not only represents the huge scale and potential of the e-commerce industry, but also reflects consumers' enthusiasm and shopping desire for Double 11 activities. As consumers' demand for online shopping continues to grow, Alibaba, as an e-commerce giant, will continue to lead the industry development and promote innovation and change.

This huge transaction volume will also provide more opportunities and choices for merchants and consumers, and promote commodity transactions and economic growth.