Chinese consumers spend billions in ‘Singles’ Day’ shopping spree 0 SHARES Share it! Share TweetBy Agence France-PresseChinese customers spent billions of dollars during the opening hours of the country’s annual “Singles’ Day” frenzy Monday, the world’s biggest 24-hour shopping event that was kicked off by US megastar Taylor Swift. E-commerce giant Alibaba said the first $1 billion spent on its platforms was reached in just 68 seconds. Singles’ Day, also called “11.11” for the date on which it is held, was originally set aside as an unofficial day for China’s unmarried. This year’s Singles’ Day is Alibaba’s first without co-founder Jack Ma.

Source: Manila Bulletin November 11, 2019 06:33 UTC