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Sales on Alibaba’s platforms race above 120.7 billion yuan ($18.2 billion) as of 1:09 pm Saturday.[Photo/IC] |
Sales on Alibaba’s platforms broke last year’s total with almost 11 hours of the Singles Day shopping gala to spare.
Gross merchandise volume of the day-long discount topped 120.7 billion yuan ($18.2 billion) as of 1:09 pm Saturday, according to Alibaba’s data. This is equivalent to the value of all transactions processed via its Tmall, Taobao and other sister sites a year ago.
Amid fanfare and celebrity razzmatazz, the ninth annual Nov…
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