E-commerce sales reach $17.8 billion on Singles’ Day

In addition to deep discounts, Chinese e-commerce behemoth Alibaba Group Holding Ltd. treated online shoppers on Singles’ Day to a gala during which they could watch performances, shop online, connect with celebrities, play social games like a lottery and test new virtual reality technology. Although China’s economic growth is slowing down, online spending in China … Continue reading E-commerce sales reach $17.8 billion on Singles’ Day