Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $33,250
41%  
Woo hoo!! And we're now over 41%!! Thank you all very much!! God bless.

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  • Alibaba reports record $9 billion Singles' Day sales

    11/11/2014 9:07:20 PM PST · by 2ndDivisionVet · 8 replies
    Yahoo! News Canada / Reuters ^ | November 11, 2014 | Adam Jourdan
    HANGZHOU China (Reuters) - E-commerce giant Alibaba Group Holding Ltd reported more than $9 billion in sales on China's Singles' Day on Tuesday, illustrating the buying power of the Chinese consumer and the importance of the event in the retail calendar. Real-time figures on a giant screen at Alibaba's sprawling Hangzhou campus surged past 2013's record to 57.1 billion yuan ($9.3 billion) just after midnight after Chinese and overseas shoppers snapped up heavily discounted goods online. The shopping day, similar to Cyber Monday and Black Friday in the United States, comes less than eight weeks after Alibaba's record $25 billion...