Alibaba Singles' Day sales race past $5 billion in first hour

SHENZHEN, China (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd said it racked up more than $5 billion in transactions in the first hour of its annual 'Singles' Day' sales blitz on Friday - a third more than in the first hour of last year's spree.

from Reuters: Technology News http://ift.tt/2eGXjP4