Taylor Swift performs at a show to mark Alibaba's Singles' Day global shopping festival in Shanghai, China. But sales growth for Alibaba on Singles' Day has weakened as China's economy slowed. Singles' Day is known to be a stressful time for Alibaba employees with workers sleeping at the office to keep up with orders. This is the first time Alibaba's Singles' Day is being held since its flamboyant co-founder Jack Ma resigned as chairman in September to "start a new life". JD.com, which started its Singles' Day promotions on Nov. 1, said transaction volume over the 11 days through Monday afternoon reached 179.4 billion yuan.

Source: Otago Daily Times November 11, 2019 21:29 UTC