Biggest shopping event in the history of the world.
Over the past 24 hours, Chinese consumers have flooded Alibaba’s marketplaces, buying more than $9.3 billion worth of merchandise.
It’s the 11.11 Shopping Festival, also called Singles Day, which is a celebration for people who are single. Typically, on this day, young Chinese people meet up to celebrate the day, and now shop for huge discounts. The day always falls on Nov. 11 (or 11/11) because of the connection with the number “1"
Leave a Reply