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China's Alibaba says post-coronavirus Singles' Day sales hit $75 billion

The world's biggest sales event - eclipsing Black Friday and Cyber Monday in the United States - spanned four main days this year

Alibaba Singles' day racks up $1 bn in sales in two minutes
Reuters HANGZHOU, China
1 min read Last Updated : Nov 11 2020 | 11:04 PM IST

HANGZHOU, China (Reuters) - China's Alibaba said on Wednesday orders on its e-commerce platforms during the Singles' Day shopping extravaganza hit a record 498.2 billion yuan ($75.1 billion).

The world's biggest sales event - eclipsing Black Friday and Cyber Monday in the United States - spanned four main days this year.

($1 = 6.6301 Chinese yuan renminbi)

 

(edited by Emelia Sithole-Matarise)

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Topics :ChinaAlibabaSingles' Day

First Published: Nov 11 2020 | 11:01 PM IST

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