• Alibaba Singles Day posts new sales record Alibaba Group’s Singles’ Day increased online sales to US$17.8 billion, up 32 percent compared to last year’s event. In the first hour, there were 175,000 purchases per second according to Daniel Zhang, Group Chief Executive of Alibaba. The November 11 event eclipsed this year’s Black Friday sales of US$2.74 billion and Cyber Monday’s US$3.07 billion. […] Fwd News 0 Comments November 18, 2016