Alibaba's Singles' Day generates $3.9 billion in GMV in first hour
Ecommerce giant Alibaba Group Holding Ltd said it generated more than $3.9 billion in gross merchandise volume(GMV) within the first hour of its China's Singles' Day sale.
This compares with $2 billion recorded in about an hour in the 2014 sales event, which is held on Nov. 11 and is called "Double Eleven".
Dad 7 hours ago
I'm not saying that Ali Baba is the perfect company. But neither is this company a joke. This company may rule the world one day and people need to take that seriously .
Jack 8 hours ago
now Jack Ma, you just need to convince your shoppers to drive up your share price to 120
Max 8 hours ago
Cool! Very Impressive! Right on BABA!
Baba 5 hours ago
At $81 a share currently the stock is still under valued... buy! It's a long game in 2-3 years it'll double.
A8B12 4 hours ago
I was wondering where Amazon is doing its advertisement.
Saint Preferred 3 hours ago
US "media" trying to talk up BABA share price, the company is a fra*ulent joke