Singles Day, when China really goes shopping
Last night, on China’s Singles Day (11/11) Alibaba of China reported that it had seen $5 billion worth of transcations on its entire array of online platforms in first 90 minutes. In comparison, in 2014, online spending in the US onThanksgiving Day was about a billion dollars. On Black Friday was a shade over $1.5 billion. Cyber Monday … Continue reading Singles Day, when China really goes shopping