Alibaba Singles' Day sale hits record ₹33.5 k-cr in an hour
Jack Ma-led Chinese e-commerce giant Alibaba's 'Singles' Day' sale on Friday set a new record by surpassing ₹33.5 k-crore ($5 billion) milestone in the first hour. It took 90 minutes to hit the same milestone in 2015. The 'Singles' Day' is a Chinese festival celebrated every year on November 11 by singles who are proud of their relationship status.