All Singles' Day articles
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NewsSingles' Day sets new record
President of Taobao and Tmall Fan JiangThe Singles' Day shopping bonanza set a new record yesterday, with sales on Alibaba's platforms reaching $38.4bn.Chinese e-commerce giant Alibaba said that sales through its payment platform were up 26% compared with last year as the day cemented its place as the world's biggest ...
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NewsAlibaba set for another record Singles' Day as it ups stake in Cainiao
Singles' Day sales reach RMB100bn in one minuteAlibaba Group Holdings has increased its stake in logistics business Cainiao to around 63% with a $3.3bn investment ahead of what is expected to be another record Singles' Day.Other existing shareholders also participated in the fundraising, demonstrating "strong support for Cainiao’s long term ...