Alibaba's Singles' Day sales hit US$30bn, on track for record

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Equivalent to over 80 percent Amazon.com Inc's online store sales in the latest quarter.

Alibaba's Singles' Day sales hit US$30bn, on track for record
Chinese retailer Alibaba Group Holding Ltd said on Monday that sales for its annual Singles' Day shopping blitz crossed the US$30 billion mark at 4:31 p.m. (0831 GMT), putting the event on track to set a record in its 11th year. The figure is equivalent to over 80 percent of US rival Amazon.com ...

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