Found any good deals on Alibaba’s Singles Day?
Here are some interesting facts:
- Mobile phones accounted for 69% of transactions during the promotion.
- Transactions had passed last year’s record of $9.3 billion before noon.
- Top-selling items by retailers included baby-related and nutritional products, Nike sneakers and Levi’s jeans.
- Alibaba makes money through advertising and charging vendors a proportion of their sales.