Alibaba Hit $14.3B In Total Sales On Singles’ Day, With 69 Percent Made On Mobile Devices

 Alibaba Group reaped $14.3 billion in sales during Singles' Day, a 54 percent increase from last year's tally of $9.3 billion. The most significant number from yesterday's annual shopping bonanza, however, is not how much Chinese consumers spent, but what devices they used to make purchases from Alibaba's marketplaces. Read More