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Monday, November 12, 2018

Singles’ Day sale: Alibaba sets record at $31 billion

Alibaba logged 213.5 billion yuan ($30.8 billion) in sales for its annual Singles’ Day extravaganza, setting a record as shoppers swarmed the e-commerce giant’s online bazaars. The annual retail celebration, originally dedicated to the nation’s unattached, has become an important bellwether not just for the company, but also the country.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2z6EJwU
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