Sales on China’s 2017 Singles’ Day Dwarf U.S. Black Friday, Cyber Monday

China’s Singles’ Day dates to the early 1990s, when college students celebrated “Bachelors’ Day.” The named evolved to “Singles’ Day” in the Internet era. The celebration is held November 11 — 11-11 — each year. Alibaba again claimed the highest grossing ecommerce sales day ever on Singles’ Day, eclipsing last year’s record-breaking 24-hour period by …

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