Alibaba Does It Again: $1 Billion in Sales in 5 Minutes

November 10, 2016 6:09 pm

We spotted this stat today:

“Alibaba Group Holding Ltd. posted $1 billion (6.81 billion yuan) of sales within the first five minutes of its Singles’ Day shopathon, a 24-hour event that may offer clues on the health of the Chinese economy and its largest online retailer”


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