Alibaba Singles' Day tops $30 billion but growth rate plunges

Singles' Day, also called "Double 11" is the world's biggest online sales event,

Alibaba Scores 27% Increase In 11.11 Shopping Frenzy As Global Brands Tap China's Online Market

Alibaba scored another record year during the 11.11 shopping festival with a 27% increase in merchandise sales, despite a slowing Chinese economy but continued quick gains in the e-commerce market.

Alibaba Singles Day sales top $30 billion

The biggest shopping day on the planet has started with a bang.

Alibaba hits another 'Singles Day' record but growth slows

Chinese e-commerce giant Alibaba filled a record $30.7 billion in orders on Sunday during its annual 'Singles Day' shopping frenzy, but growth slowed from previous years. 

Alibaba sets Singles' Day record with $31 billion in sales

Alibaba Group hit $30.7 billion in sales for its annual Singles' Day shopping extravaganza.

Jack Ma Heads Toward Retirement With Another Singles’ Day Record Jack Ma Heads Toward Retirement With Another Singles' Day Record

As Jack Ma prepares to step down as chairman of Alibaba Group Holding Ltd., he does so after the online sales promotion he has championed for a decade notched another record. In it’s 10th iteration, the annual Singles’ Day event on Nov. 11 notched 213.5 billion yuan ($30.

China's Singles Day shopping frenzy tops $24B - 680 NEWS

China's version of Cyber Monday was co-opted by e-commerce giant Alibaba, which has turned an unofficial holiday for people without romantic partners into a yearly windfall for digital retailers

Chinese e-commerce giant Alibaba Group Holding smashed the 2017 record for its Singles’ Day sales event on Sunday, surpassing 168 billion yuan ($24.15 billion) sales in under 16 hours. Singles’ Day, also called “Double 11,” is the world’s biggest online sales event, outstripping US shopping holiday Black Friday.

Alibaba Pulls In Record Singles Day Sales

The e-commerce behemoth clocked in sales of $30.8 billion in the 24-hour span that began at 12 a.m. Sunday, with consumers snapping up bargains despite China’s slowing economic growth.

Alibaba's Singles' Day smashes records with over $30bn in sales

The 10th annual Chinese shopping bonanza Singles’ Day has generated a record $30.