Alibaba generated as much sales during first hour of Singles’ Day as Polish e-commerce market in a year
Alibaba, the Chinese e-commerce giant, reported more than USD 38bn (PLN 148bn) in sales on this year’s Singles’ Day. During the first hour alone, sales via the platform amounted to USD 13bn or about PLN 50bn, i.e. the value of the entire Polish e-commerce market in 2018 according to PMR estimates. Alibaba Singles’ Day sales…