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Chinese consumers smash ‘Singles’ Day’ shopping record

  • November 12, 2019
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Chinese shoppers set new records for spending during the annual “Singles’ Day” buying spree despite an economic slowdown and worries over the US trade war, with state media calling it…

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A screen shows the gross merchandise volume, a measure of sales, after 2 seconds of Singles Day sales, as it reaches about 1,437,752,505 USD during the 2018 Tmall 11:11 Global Shopping Festival gala in Shanghai early on November 11,

Alibaba Singles’ Day smashes $25 billion sales record

  • November 12, 2018
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SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd smashed the 2017 record for its Singles’ Day sales event on Sunday, surpassing 168 billion yuan ($24.15 billion) sales in…

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