Singles Day isn’t even over yet but Alibaba has already crushed last year’s sales results and broken new records for the ecommerce giant.
As of Monday evening Bejing time, Alibaba recorded more than $35.8 billion in sales and counting, eclipsing last year’s numbers where customers spent $30.8 billion total in 24 hours.
In the first minute and eight seconds of this year’s Singles Day, Alibaba said it had pulled in $1 billion in sales. After an hour, it hit $12 billion…[READ MORE]
Source: Alibaba Has Raked In $35.8 Billion And Counting In Singles Day Sales, Crushing Last Year’s Results | businessinsider.sg