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Alibaba boasts $70.6 billion sales in first post-virus Singles' Day - Metro US

Alibaba boasts $70.6 billion sales in first post-virus Singles’ Day

Alibaba's 11.11 Singles' Day global shopping festival

HANGZHOU, China (Reuters) – China’s Alibaba <9988.HK> said orders on its e-commerce platform during the Singles’ Day shopping event hit 467.5 billion yuan ($70.6 billion) by Wednesday evening.

The world’s biggest sales event – eclipsing Black Friday and Cyber Monday in the United States – spans four main days this year.

(Reporting by Josh Horwitz; Writing by Emelia Sithole-Matarise)

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