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Alibaba Breaks Records, Sells $17.7 Billion on Singles' Day (techinasia.com)
Alibaba broke its Singles' Day sales record with room to spare, offering assurances about the strength of the Chinese consumer despite the nation's economic slowdown. From a report on Tech in Asia:As the clock struck midnight, Alibaba announced its final total for 2016's Singles Day sales frenzy: US$17.7 billion. Alibaba has beaten its own sales totals each year since the sales began, and this year was no different. It passed last year's US$14.3 billion high-water mark early in the evening, a sign that this year's growth wasn't going to be quite as explosive as previous years' (in 2015, Alibaba hit the previous year's mark at midday). In the end that proved true, as Alibaba fell just short of the US$20 billion target some had been expecting it to surpass. Still, nearly US$18 billion is nothing to sneeze at.
Despite living in a country with over a billion people, there are apparently a lot of lonely Chinese.
#DeleteChrome
yeah, hands.
If there were a doubles day they would make 35.4 billion.
"That's the way to do it" - Punch
you could have more than one if you wanted to pay heavy fines.
My wife is Chinese, and her brother wanted a 2nd kid back in 2003, when the "fine" was 5000 RMB, or about $700. I gave him the money, and they had a daughter a year later. She is 12 years old now, and is the world's nicest niece. It was the best $700 I ever spent.