10 billion Dollars sold in 1 hour!

Newspapers are waiting for BigScreen to get direct updates to the Alibaba Festive Record. Photo: Collected

10 billion Dollars sold in 1 hour!

Alibaba, the largest e-commerce company in China, has surpassed the record of highest sales in a single day. Alibaba, a fast-growing online business firm in China, has set all records for just one billion in just 85 seconds, 10 billion in an hour and 30 billion dollars a day.

On Sunday, an incredible amount of merchandise was created online on a special offer day of Alibaba.

Celebrating 'Singles Day' day since 2009, celebrating this day with a variety of discounts for unmarried people.

Daniel Zhang, chief executive of Alibaba Group, said, "This huge amount proves that consumers are focusing on the development of their daily lives."

Alibaba is celebrating as 'Singles Day' from 2009 to November 11. Alibaba started celebrating this day from the reversal of World Love Day by observing the time of consumers being alone.

It has now become the world's largest online shopping event, surpassing 'Black Friday' and 'Cyber Monday'.

Along with technology, Shaw my, Apple and Daisen, all other products are available in Alibaba. Alibaba also entered the US and UK markets since last year. The 'Ali Express' mobile app has been launched for the consumers of these two countries, the sale has seen a lot of increase in sales.