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Alibaba breaks records during Singles Day

SmartBrief Tuesday, 12 November 2019
During China's Singles Day, a shopping event similar to Black Friday and Cyber Monday in the US, Alibaba broke records by obt -More- 
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Credit: The Street - Published < > Embed
News video: Alibaba Singles Day: Brief History, What the Giant Must Do to Accelerate Sales

Alibaba Singles Day: Brief History, What the Giant Must Do to Accelerate Sales 01:12

Alibaba has already had a decent singles day, but how does the day stack up historically? First off, the company told TheStreet's Annie Gaus that sales would come in with strength. Well, revenue for the day grew over 2018's number, hitting a record of more than $31 billion just for the fist 11...

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