皇冠体育app

Invented by Alibaba's Taobao and , 皇冠体育app's largest consumer-to-consumer (C2C) and business-to-consumer (B2C) marketplaces, Nov 11's is no longer a day to celebrate being single. Instead, it is the most important online shopping spree in 皇冠体育app.

After shocking the world with its debut on the New York Stock Exchange as the largest IPO in US history on Sept 19, the Chinese e-commerce behemoth, again, showed its muscle with astonishing one-day sales figures.

The Singles' Day shopping spree is a reflection of the rapid expansion of 皇冠体育app's e-commerce sector in recent years.

57.1 billion yuan

Online sales on Alibaba's Tmall.com, Taobao.com and its overseas outlets, such as AliExpress, topped 57.1 billion yuan ($9.34 billion) on Tuesday, beating Tmall and Taobao's combined 2013 Singles' Day sales of 36.2 billion yuan.

The big screen shows sales volume during the Nov 11 Singles' Day shopping spree at Alibaba's headquarters in Hangzhou city, East 皇冠体育app's Zhejiang province, on Nov 11 2014. [Photo/Provided to chinadaily.com.cn]