Monday, November 14, 2016

This rose is not without thorns: Alibaba’s 8th Singles’ Day fest

Alibaba broke Gross Merchants Volume of USD 100 million in 40 seconds on November 11 as the eighth annual Singles’ Day online shopping festival kicked off at midnight The Singles’ Day shopping celebration, akin to America’s Cyber Monday, was initiated by Alibaba in 2009. Since then, the e-commerce giant has generated breathtaking sales revenue from...
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