Alibaba reports record $9 billion Singles’ Day sales

November 11, 2014 creative alibaba-group, china, chinese, entire-catalog, hangzhou, michael-roddy, model-on-monday, music-streaming, reported-more, retail, the-industry

By Adam Jourdan HANGZHOU China (Reuters) – E-commerce giant Alibaba Group Holding Ltd reported more than $9 billion in sales on China's Singles' Day on Tuesday, illustrating the buying power of the Chinese consumer and the importance of the event in the retail calendar.

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Alibaba reports record $9 billion Singles’ Day sales