Alibaba Sets Record Selling Worth of $25bn Items in Single Day

Beijing(November 12, 2017): Chinese online shoppers spent a record $25 billion on this year’s “Singles Day” promotion run by e-commerce giant Alibaba, up nearly 40 percent from last year. At the peak, 256,000 payments were being processed per second, the firm said, more than 90 percent of them placed via … Continue reading Alibaba Sets Record Selling Worth of $25bn Items in Single Day