$25 billion in 24 hours: World’s biggest shopping day sets new record

Singles Day started out as an informal holiday in China celebrating single people on a day that epitomizes not being paired off: 11/11. Alibaba turned it into a festival of discount deals in 2009. Alibaba has used the now-massive event to lure international companies onto its platforms.


Read all

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.