Singles’ Day

  • 11 November 2016 was celebrated in China as Singles’ Day, an event which has been widely compared to America’s Black Friday. Alibaba [the Chinese e-commerce giant] smashed its own records with an outrageous $17.8 billion sales volume within a period of 24 hours. The total value of orders reported by Alibaba shows the company gracefully…

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  • Singles’ Day for the year 2016 has turned into a historical money-spinner for Alibaba, China’s leading e-commerce giant. Every year, 11 November is considered a shopping day all over the country as shops offer varied goods at discounted prices. Alibaba.com reportedly crashed last night due to the millions of people logged in to make purchases…

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