[Infographic] Alibaba Singles’ Day 2016
Alibaba chalked up a record $17.79 billion (120.7 billion yuan) in gross merchandise volume (GMV) on Singles Day’, an increase of 32% year-on-year. Growth rate was lower than the 60% experienced in 2015. In the first five minutes, the Chinese ecommerce giant processed $1 billion on its mobile payment platform, Alipay. Across Alibaba’s ecommerce platforms, […]
