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Alibaba Singles Day sales hit $1 billion in just 2 minutes

November 10, 2017 7:06 PM
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Alibaba Singles Day sales hit $1 billion in just 2 minutes

The biggest shopping day of the year is off to a fast start.

It took just two minutes and one second for e-commerce giant Alibaba (BABA, Tech30) to hit $1 billion in sales for Singles Day, China's annual online shopping extravaganza, the company said Saturday.

Also read: US retail sales rose 0.2% in Nov., helped by holiday boost

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