Singles Day

Retail
Alibaba Opens 11.11 Festival To The U.S.

Alibaba will bring the experience of its 11.11 selling festival to international audiences outside of China through a series of livestreamed events, each to be held from 10 a.m. to 11:30 a.m. eastern time on November 10 and November 11.

Retail
Alibaba Sales Surge With Singles Day Event

Alibaba kicked off its 11.11 Global Shopping Festival on November 11 at midnight in China, and, in the first minute and eight seconds, gross merchandise volume (GMV) settled through the Alipay service reached $1 billion. In the festival’s first hour, Alipay GMV reached $12 billion.