Singles' Day

Update news Singles' Day

Marketplaces get ready for year-end sale season

Black Friday, Singles Day and Christmas are the time for e-commerce platforms to make big money.

Alibaba Singles' Day sales race past $5 billion in first hour

 Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) said it racked up more than $5 billion in transactions in the first hour of its annual 'Singles' Day' sales blitz on Friday - a third more than in the first hour of last year's spree.