Alibaba Nets Record Haul on Singles' Day, but Growth Rate Plunges

Singles' Day, also called "Double 11", is the world's biggest online sales event, outstripping the sales of U.S. shopping holidays Black Friday and Cyber Monday combined.

Alibaba's Singles' Day Hits Another Record: 3 Takeaways Beyond The Big Number

Alibaba has notched another record sales day, but this Singles' Day—10 years after Alibaba first made 11/11 a shopping event to celebrate those still on their own—offers much more to analyze than that.

Amazon Rivals FedEx, UPS With Delivery Program | PYMNTS.com

Warehouse And Fulfillment News: Amazon launched a new delivery service that offers merchants steep shipping rate discounts compared to FedEx and UPS.

Alibaba smashes 2017 Singles’ Day record with US$30.8bn in sales

Lazada also participated in 11.11 as part of the Alibaba ecosystem, witnessing more than 400,000 participating brands and merchants.

Chinese ecomm giant Alibaba posts sales of over $30 billion during 24-hour retail frenzy

The Chinese event was originally a novelty student holiday to celebrate being single, countering Valentines Day.

Alibaba Singles’ Day smashes $25bn sales record

Jack Ma heads toward retirement with another Singles' Day record Jack Ma heads toward retirement with another Singles' Day record

HONG KONG — As Mr Jack Ma prepares to step down as chairman of Alibaba Group Holding, he does so after the online sales promotion he has championed for a decade notched another record. In its 10th iteration, the annual Singles’ Day event on Nov 11 notched 213.5 billion yuan (S$42.3

Although retail sales in China have been steady, the outlook is uncertain as the economy slows and concerns rise over the impact of the trade war with the United States

Alibaba Singles’ Day tops $42 billion, but growth rate plunges, East

China's largest company, which used a concurrent televised entertainment spectacle featuring Cirque du Soleil and Mariah Carey to further drum up business, reported that Xiaomi, Apple and Dyson products were the top three brands in early sales.. Read more at straitstimes.com.

China’s annual shopping frenzy shatters records again - Business News | The Star Online China’s annual shopping frenzy shatters records again

SHANGHAI: Online shoppers spent more than US$14bil within the first two hours of China’s annual buying frenzy on Sunday, once again breaking records as the consumer tradition enters its 10th year.

China's Singles Day smashes record

Chinese shoppers have spent more than $30 billion online during the annual shopping binge, breaking last year's record. The massive spending comes despite an ongoing trade war with the US.

China's Single's Day sales hit 1.4 bln USD in first 2 minutes

Alibaba Singles Day sales top $30 billion

The biggest shopping day on the planet has started with a bang.