Washington : China’s biggest online shopping company, Alibaba has reportedly set record in online sales by processing goods worth more than $5.75 bn in one-day shopping free fest. The unofficial Chinese holiday on November 11 (11/11) came to be celebrated as ‘Singles’ Day’ by unmarried men across the country lamenting their single status with a drink five years back, but it has become the world’s largest online shopping event.
Alibaba’s record has surpassed by two and a half times the total for American retailers last year on so-called Cyber. Alibaba, which owns Tmall and other e-commerce sites, revealed that it had 402 mn unique visitors to its sites, and prepared 152 mn parcels for shipping.
Tmall revealed that Chinese bought 1.6 mn bras, which would reach three times the height of Mt Everest if folded and stacked, and 2mn pairs of underpants, which if linked together would stretch 1,800 miles, all before the lunch hour.