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Alibaba Says Singles' Day Sales Surpassed $9.3 Billion

Wochit Business
Wochit Business
4 years ago|1 view
Alibaba said Wednesday, sales during the Singles' Day online shopping extravaganza had surpassed last year's total of $9.3 billion.
According to research firm IDC, the company could see this year's sales rise to as much as $13.8 billion, a growth of almost 50 percent from last year's total.
Alibaba's chief rival, Inc, China's second largest e-commerce firm, also said it broke past last year's full-day total just before noon China.

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