Alibaba breaks sales record on Singles Day
Ellen
2016-11-14 10:33:13
Today is the 11th-Nov, it is shopping-day in China, like the black-Friday in US.

All the shops on alibaba, they prepare the promotion on the day.
Jack Ma, Alibaba's founder and chairman, takes a photo of a giant screen showing
Jack Ma, Alibaba's founder and chairman, takes a photo of a giant screen showing
sales data at a media center in Shenzhen, Guangdong province, Nov 11, 2016.
[Photo/VCG]

China's largest e-commerce group, Alibaba, set a new record today for Singles Day revenue,
with 10 billion yuan ($1.47 billion) in sales in only 6 minutes, 58 seconds. Last year, it took
more than 12 minutes to reach that sales figure.
New York-based consulting firm Fung Global Retail & Technology said Alibaba is expected
New York-based consulting firm Fung Global Retail & Technology said Alibaba is expected
to make $20 billion in online sales during this year's shopping frenzy, up 40 percent
year-on-year.
But here on CTW, there is also a promotion on selling. Welcome to send inquiry.
But here on CTW, there is also a promotion on selling. Welcome to send inquiry.