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Alibaba sets record with $9 Billion sales on Single Day - HMTv

Wed, Nov 12, 2014, 12:27 PM
E-commerce giant Alibaba Group reported $2 billion in first hour with more than $9 billion in sales on China's Single Day on Tuesday. Chinese and overseas shoppers purchased heavily discounted goods online to push surpass the 2013's record of $5 billion. The shopping day, similar to Cyber Monday and Black Friday in the United States, comes less than eight weeks after Alibaba's record $25 billion public share listing in New York.
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