Alibaba Breaks Record In China’s Singles’ Day 2014

What a super duper year it has been for Alibaba. Their IPO launch blew away investors’ expectations with the highest IPO raised at $25 billion. And today is China’s Singles’ Day. It looks like everyone in China bought something online! For those of you who are in the dark, China’s Singles’ Day can be considered America’s Thanksgiving weekend sale rush. The only difference is that it’s all happening on one day – 11.11.14.

Taobao.com

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