Alibaba's Singles' Day event racks up $5b sales in first hour

A screen shows real-time data of transactions at Alibaba Group's 11.11 Global shopping festival opening, in Shenzhen, Guangdong province, China, November 11, 2016. REUTERS/Stringer

Cate Cadell, Xihao Jiang

11 November, 2016

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Alibaba's Singles' Day event racks up $5b sales in first hour

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Alibaba's Singles' Day event racks up $5b sales in first hour

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Read more from Greater China

HongShan aims for $2.9b sale of Golden Goose to Permira by Christmas: report

Baidu’s Kunlunxin eyes Hong Kong IPO after $283m fundraising