The 'Amazon of China' invented a holiday called Singles' Day - and they made $14 billion in 24 hours

Read full story

$14 Billion. That's how much Alibaba, the Chinese e-commerce giant, made in just 24 hours last November. It happened during an  unofficial Chinese holiday called "Singles' Day."  But what is Alibaba, what is Singles' Day, and how did they make so much money so quickly?

Follow Tech Insider:   On Facebook

Add Comment()

Comments ()

X
Sort By:
Be the first one to comment.
We have sent you a verification email. This comment will be published once verification is done.