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Alibaba Crushes Singles Day

Motley Fool Wednesday, 13 November 2019
Black Friday has nothing on Singles Day, and Alibaba's sales growth this year was astounding.
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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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