Chinese internet giant Alibaba is fond of crowing about its online shopping records, and that's truer than ever this year. The company's annual Global Shopping Festival, aka Singles Day, broke last year's record by selling $30.8 billion in goods acr...
Alibaba’s shopping event sales hit $1 billion in 85 seconds
Chinese internet giant Alibaba is fond of crowing about its online shopping records, and that's truer than ever this year. The company's annual Global Shopping Festival, aka Singles Day, broke last year's record by selling $30.8 billion in goods acr...
If you needed evidence that internet shopping still has room to grow, you just got it. Chinese e-commerce powerhouse Alibaba has confirmed that its annual Singles' Day sales event racked up the equivalent of more than $25.3 billion in sales, easily...
In the US there's Black Friday, but in China, they get all their big online shopping discounts on November 11 aka "Singles Day" instead. As of 4:28am ET today, Alibaba's Tmall, the Chinese equivalent of Amazon, has already made over $11 billion whi...