Singles’ Day

Singles’ Day sets new record

The Singles’ Day shopping bonanza set a new record yesterday, with sales on Alibaba’s platforms reaching $38.4bn. Chinese e-commerce giant…

Read More

Alibaba set for another record Singles’ Day as it ups stake in Cainiao

Alibaba Group Holdings has increased its stake in logistics business Cainiao to around 63% with a $3.3bn investment ahead of…

Read More