• Alibaba Logs $1.44 Billion of Singles' Day Sales in Minutes

    6 days ago - By Fortune

    Alibaba Group Holding Ltd. logged 10 billion yuan of sales volume in the opening minutes of its annual Singles' Day extravaganza , outpacing last year's start as shoppers around the world swarmed the e-commerce giant's online bazaars.
    China's largest company, which is trying to drum up business via a concurrent televised entertainment spectacle featuring Cirque du Soleil and Mariah Carey, reported that Xiaomi, Apple and Dyson products were the top three brands in early sales.
    The annual retail celebration, originally dedicated to the nation's unattached, has become an important bellwether...
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  • Alibaba just eclipsed Amazon's estimated Prime Day sales in less than 10 minutes

    Alibaba just eclipsed Amazon's estimated Prime Day sales in less than 10 minutes

    6 days ago - By Business Insider

    Alibaba had already generated more sales on Singles' Day 2018 - just 10 minutes into the 24-hour shopping event - than Amazon is estimated to have reached in its record-setting 2018 Prime Day .
    Singles' Day has topped $6.5 billion in sales already, 20 minutes into its 11/11 event, which kicked off at midnight on Sunday in Shanghai.
    For comparison, Amazon's sales were estimated to reach roughly $4.2 billion over the company's 36-hour Prime Day in July.
    SHANGHAI, China - Alibaba's Singles' Day surpassed Amazon's biggest shopping day of the year in less than 10 minutes.
    Less than 10 minutes...
    Read more ...

     

  • Alibaba just eclipsed Amazon's estimated Prime Day sales in less than 10 minutes

    Alibaba just eclipsed Amazon's estimated Prime Day sales in less than 10 minutes

    6 days ago - By Business Insider

    Alibaba had already generated more sales on Singles' Day 2018 - just 10 minutes into the 24-hour shopping event - than Amazon is estimated to have reached in its record-setting 2018 Prime Day .
    Singles' Day has topped $6.5 billion in sales already, 20 minutes into its 11/11 event, which kicked off at midnight on Sunday in Shanghai.
    For comparison, Amazon's sales were estimated to reach roughly $4.2 billion over the company's 36-hour Prime Day in July.
    SHANGHAI, China - Alibaba's Singles' Day surpassed Amazon's biggest shopping day of the year in less than 10 minutes.
    Less than 10 minutes...
    Read more ...