Spending climbs by 39% on this year’s Singles Day​on January 28, 2025 at 3:14 am

Bargain hunters splurged by spending a record 168.2 billion yuan ($25.3 billion) during this year’s Singles Day on Saturday, the world’s largest daylong discount gala, as e-commerce giant Alibaba Group took the online shopping spree to brick-and-mortar stores and beyond the nation’s borders, banking on China’s technological prowess.

​Bargain hunters splurged by spending a record 168.2 billion yuan ($25.3 billion) during this year’s Singles Day on Saturday, the world’s largest daylong discount gala, as e-commerce giant Alibaba Group took the online shopping spree to brick-and-mortar stores and beyond the nation’s borders, banking on China’s technological prowess.   Bargain hunters splurged by spending a record 168.2 billion yuan ($25.3 billion) during this year’s Singles Day on Saturday, the world’s largest daylong discount gala, as e-commerce giant Alibaba Group took the online shopping spree to brick-and-mortar stores and beyond the nation’s borders, banking on China’s technological prowess.