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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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