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

$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

Complimentary Tech Event

Transform talent with learning that works

Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More