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Chinese consumers break last year’s Singles’ Day record with 268.4 billion yuan in sales

Summary:
[unable to retrieve full-text content]Chinese consumers collectively spent 268.4 billion yuan (US.4 billion) for Alibaba’s Singles’ Day, setting a new record for the 24 hour shopping extravaganza.Alibaba’s Singles’ Day shopping festival, which falls on November 11 every year, is the world’s largest of its kind, where shoppers scoop up everything from consumer electronics to luxury items and even cars. The festival is being closely watched this year as a barometer for consumer sentiment 16 months into a US-China trade war and…

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[unable to retrieve full-text content]
Chinese consumers collectively spent 268.4 billion yuan (US$38.4 billion) for Alibaba’s Singles’ Day, setting a new record for the 24 hour shopping extravaganza.Alibaba’s Singles’ Day shopping festival, which falls on November 11 every year, is the world’s largest of its kind, where shoppers scoop up everything from consumer electronics to luxury items and even cars. The festival is being closely watched this year as a barometer for consumer sentiment 16 months into a US-China trade war and…
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