Barrons (November 10)
2015/ 11/ 11 by jd in Global News
“Politics and religion may divide people, but everyone loves a good sale.” On Wednesday, Alibaba Holdings, the e-commerce giant, will start “its sixth annual 11.11 Global Shopping Festival. The 24-hour shopping-palooza, also known as Singles Day, generated $9.3 billion in sales last year, dramatically more than the $2.7 billion sold during America’s Cyber Monday. Analysts predict sales will set a new record this week.”
Tags: 11.11, Alibaba, Cyber Monday, E-commerce, Politics, Religion, Sale, Sales, Singles Day, U.S.
