Alibaba's Singles' Day sales hits $13 billion in the first hour — up 32% from 2018
VCG via Getty ImagesAlibaba kicked off Singles' Day — its massive global shopping event — to the tune of $13 billion in the first hour, an increase of 32% from 2018. To celebrate the start of the annual event, Taylor Swift joined local artists for a performance at the Singles' Day opening gala in Shanghai. Visit Business Insider's homepage for more stories.
SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba Group Holding Inc
Akin to Black Friday and Cyber Monday in the United States, Singles' Day has been promoted as a shopping fest by Alibaba Chairman and Chief Executive Daniel Zhang since 2009, growing rapidly to become the world's biggest online sales event.See the rest of the story at Business Insider
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