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The figure makes the spending bonanza more than twice the size of Cyber Monday and Black Friday combined in 2017.This is by far the largest-ever Singles ; Day to date. Just 15 hours and 49 minutes into the spending spree, transactions le
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samba rose $25 billion, the company announced on Twitter.And there it is. Gross merchandise volume at this year& 39 11.11 Global Shopping Festival tops last year& 39 total. pic.twitter.com/YVEzXfFulv— Alibaba Group @AlibabaGroup November 11, 2018As the world anticipates when the supercharged shopping day will hit a ceiling, sales are already cooling. The final total of 2018 represents a 27 percent increase from last year. That the lowest Alibaba has seen in the history of Singles ; Day sales, and a drop from 36 percent in
salomon alphacross 2017 still, it remains impressive given how large the target is each year.The slowdown came on the heels of Alibaba weakest revenue growth since seven quarters
