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China shoppers spend US$1b in first 5 minutes of Singles Day

Saturday, November 12, 2016 - 05:50

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Chinese shoppers spent more than US$1 billion in the first five minutes of Singles Day on Friday, e-commerce giant Alibaba said in the world's biggest online shopping promotion.

Shanghai

CHINESE shoppers spent more than US$1 billion in the first five minutes of Singles Day on Friday, e-commerce giant Alibaba said in the world's biggest online shopping promotion.

Singles' Day - named for the repeated digit 1 in the date Nov 11 - was created by Alibaba in

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