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Alibaba crosses $3 bn sales in 5 minutes

IANS  |  Shanghai 

Chinese giant Alibaba generated $3 billion in five minutes of its annual 24-hour on Sunday with Apple, Xiomi featuring among the top brands.

It recorded the purchases of products worth $10 billion in the period of little over an hour.

Last year, Alibaba recorded $25 billion in the sales of 24 hours.

was present at the gala night for countdown to the Global Shopping Festival 11.11 here.

Los Angeles, and were among the global cities that saw orders being placed for goods ranging from diapers to mobiles.

--IANS

spk/prs

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, November 10 2018. 23:06 IST
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