Alibaba's Singles Day Just Hit Another Record, But That's Not What You Should Take Away

Chinese ecommerce giant Alibaba’s Singles Day shopping extravaganza has ended, but the headline goes way beyond the fact that Alibaba has notched another record sales day 10 years after it made Nov. 11 (11.11 denotes singles) a shopping event to celebrate those still on their own.

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.

Marcus' UK Success Has Bank Rivals Worried |

Consumer Banking News: Marcus, the digital banking unit of Goldman Sachs, is worrying UK bank rivals as its savings account takes off with consumers.

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

Alibaba Singles' Day tops $30 billion but growth rate plungesBy Cate Cadell Alibaba Group co-founder and Executive Chairman Jack Ma gestures during Alibaba Group's 11.11 Singles' Day global shopping festival in Shanghai, China, November 11, 2018. REUTERS/Aly Song SHANGHAI (Reuters) - Chinese...

Alibaba sets Singles' Day record with $31 billion in sales

Alibaba Group hit $30.7 billion in sales for its annual Singles' Day shopping extravaganza.

Alibaba Singles' Day frenzy records $25bn sales

Chinese e-commerce giant Alibaba Group Holding Ltd smashed the 2017 record for its Singles’ Day sales event on Sunday, surpassing $24.15 billion sales in under

Chinese e-commerce giant Alibaba Group Holding smashed the 2017 record for its Singles’ Day sales event on Sunday, surpassing 168 billion yuan ($24.15 billion) sales in under 16 hours. Singles’ Day, also called “Double 11,” is the world’s biggest online sales event, outstripping US shopping holiday Black Friday.

Alibaba nets record US$30 billion in Singles' Day haul, but growth rate plunges

Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan (US$30.7 billion) in sales on Sunday during its 24-hour ...

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.