Alibaba posts â¹7,250 crore Singles' Day sales in first 85 seconds
China's Alibaba recorded $1 billion (â¹7,250 crore) of sales volume in the first one minute and 25 seconds of its Singles' Day shopping event. It took one hour and 48 seconds for the Gross Merchandise Volume to reach $10 billion, over five minutes faster than last year. Singles' Day,  originally dedicated to China's singles, is celebrated annually on November 11.