Singles Day Rakes In $25bn Haul
SHANGHAI – Chinese e-commerce giant Alibaba says its Singles’ Day sales extravaganza hit US$25.4 billion over the weekend, smashing its own record from last year and cementing it as the world’s biggest shopping event. Once a celebration for China’s lonely hearts, Singles’ Day 11/11 has become an annual 24-hour buying frenzy that exceeds the combined sales … Read more