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  1. China's biggest e-commerce company claims more than USD1 billion worth of goods were sold over its sites within the first 20 minute of Shopping Festival

    by , 11-18-2014 at 02:11 PM


    China's biggest e-commerce company claims more than USD1 billion worth of goods were sold over its sites within the first 20 minutes of this year's 11.11 Shopping Festival.

    Alibaba says it hit USD1 billion in gross merchandise volume at 12:17 A.M. this morning. As impressive was news that nearly half of all transactions took place via smartphones and other mobile devices.

    Alibaba ...