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Alibaba Singles Day sales on track to smash another record ...News
Chinese e-commerce giant Alibaba is enjoying booming sales, as the world’s biggest online shopping spree known as Singles’ Day started on Monday. The first 16 hours of the event brought in more than $30 billion. The 24-hour Chinese retail extravaganza, similar to Black Friday, generated more than $1 billion in the first minute alone, Alibaba reported. In the first nine hours, sales jumped 25 percent compared to the same point last year. Also on rt.com Jack Ma says goodbye to Alibaba on his 55th birthday After 15 hours, the gross merchandise volume was on
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