Alibaba Singles' Day breaks sales record at $18 bn in 13 hrs
E-commerce giant Alibaba said its Singles' Day sales surpassed last year's total in just 13 hours, hitting a record high of $18 billion. Alibaba had recorded sales of $17.7 billion at last year's Singles' Day sale. The net worth of goods sold on Alibaba's platforms reached $10 billion in over an hour after the sale started at midnight.