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Singles Day

Alibaba takes record $25 bn on ‘Singles Day’

SHANGHAI: 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, figures showed on Sunday. At the peak, 256,000 payments were being…

Chinese spend billions on Singles’ Day

BEIJING: Chinese shoppers unleashed a record deluge of cash online for Singles Day on Friday, Alibaba said, spending almost $18 billion with the e-commerce giant in the world's biggest online shopping promotion. Singles' Day -- named for…