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Alibaba Beats $30B Sales Record On China’s Singles Day

November 11, 2019
alibaba, eCommerce, china, singles day, nov. 11, 1111, news
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Alibaba Beats $30B Sales Record On China’s Singles Day

November 11, 2019
China’s Alibaba broke sales records during the 24-hour shopping event known as Singles Day, CNBC reported on Monday (Nov. 11). The gross merchandise value (GMV), which shows Alibaba’s sales across all its eCommerce platforms, blew past 2018’s record of nearly $30.5 billion. Within 90 minutes, Alibaba’s GMV soared past $12 billion and exceeded the total […]