With discounts galore and Taylor Swift, Alibaba eyes another record Singles' Day
Friday, 8 November 2019 () Alibaba Group will kick off its annual 24-hour shopping extravaganza on Monday with deals and deep discounts galore, and a performance by American popstar Taylor Swift to top it all, as it pushes to rake in another record Singles' Day sales.
Alibaba plans to launch a Hong Kong share offering to raise up to $15 billion in the final week of November, in a deal that could boost the Asian financial hub as it struggles with anti-government protests. Francis Maguire reports.
Alibaba Group Holding Ltd (NYSE:BABA) on Monday raked in a record $31 billion in sales during China’s annual Singles Day online shopping blitz. The country's... Proactive Investors Also reported by •BBC News •Reuters •CBS News •IndiaTimes