Alibaba sets single day record with $1bn sales in less than 85 seconds

Internet giant Alibaba has set new sales records on Sunday for its biggest shopping day, the annual Singles Day. The Chinese company hit a record $1bn (£774m; €883m) in sales in 85 seconds, and then just shy of $10bn in the first hour of the 24-hour spree. In total, customers spent $30.8bn, up 27% on […]

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