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

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Published Fri, Nov 11, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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 2009.

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