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Nov 2018
Alibaba Singles Day sets new sales records, surpassing Amazon Prime Day 2018 sales
Alibaba Singles Day sets new sales records that surpass Amazon’s Prime Day 2018 sales. The retailer saw a record of $4.68bn (£3.64) sales in 10 minutes into the Singles Day, outdoing Amazon’s sales of $4.2bn (£3.27bn) during its 36-hour Prime Day 2018. Overall, the Single’s Day collected $30.8bn (£23.97bn). That’s up by 27% on YoY (year-on-year) rate in comparison to the last year’s sale event. Yet,...
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