ALIBABA HITS A WINNER WITH $56.26 BILLION RECORD- BREAKING SINGLES DAY SALES

• China's biggest e-tailer Alibaba, posted mammoth collections in its yearly Singles Day deals this year.
• While Alibaba had released day by day marketing projections for each Nov. 11 every year, this year its information included Nov. 1-10 presales figures, which arrived at 372.3 billion yuan ($56.26 billion). Presales joined with Nov. 11 deals added up to 498.2 billion yuan.

What started as a festival of....