Alibaba

Alibaba registers sales over $5 billion within two hours on Singles Day in China

Alibaba registers sales over $5 billion within two hours on Singles Day in China

E-commerce major Alibaba has reported massive sales volume on Singles Day in China. Within first five minutes of sale, Alibaba registered orders over $1 billion and market experts see it breaking previous records. During first two hours, the ecommerce giant registered orders above $7.2 billion compared to $14.3 billion total order volume during last year’s sale.