After 2 minutes of Alibaba’s Singles’ Day, it’s $1 billion in sales, then $8.6 billion in the first hour
Bloomberg News
(Bloomberg)—Alibaba Group Holding Ltd. kicked off its annual Singles’ Day shopping bonanza, logging $1 billion in gross merchandise volume within the first two minutes and $8.6 billion in sales within the first hour. Shoppers from at least 192 countries and regions swarmed the e-commerce giant to scoop up discounted lobster, iPhones and refrigerators. The Chinese company […]