Alibaba’s Singles’ Day sets record with over $38 billion in sales

Alibaba’s 24-hour shopping marathon hit more than 268 billion yuan ($38.3 billion) of purchases during its Singles’ Day sale, exceeding last year’s record.
Lulu Yilun Chen, Bloomberg:An estimated half-billion shoppers from China to Russia and Argentina swarmed the e-commerce giant’s sites to scoop up everything from Apple Inc. and Xiaomi Corp. gadgets to Ugandan mangoes. The company again hosted a televised entertainment revue in Shanghai to run alongside the bargain-hunt