Business

Alibaba just sold over $1 billion of merchandise in 8 minutes in China’s largest online shopping day

Alibaba just sold over $1 billion of merchandise in 8 minutes in China’s largest online shopping day

The world’s biggest online shopping holiday, “Singles’ Day” kicked off yesterday morning (Nov. 11) in China—and the numbers were immediately massive. Chinese e-retailer Alibaba’s merchandise sales exceeded $1 billion within the event’s first eight minutes, beginning at midnight in Beijing.   That’s rocket speed compared to last year, when the […]

By November 22, 2015 Comments are Disabled Business