Singles Day

Chinese e-commerce behemoths Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD) grossed over $68 billion in Singles Day sales Monday. What Happened Alibaba alone sold goods worth over $38.4 billion in total, surpassing the $30.8 billion it grossed last year by 26%, the company said in a statement....

Despite anticipating a slower day in the market, there were plenty of market movers to discuss on today's PreMarket Prep Show. Looking Under The Hood Segment Being astute followers of the S&P 500 index, the co-hosts will from time to time conduct an "under the hood" segment. This...

JD.Com Inc (NASDAQ: JD) shares are up 23.4% in the past three months, but at least one larger option trader is betting on more upside for the Chinese e-commerce stock this week. The Trades On Monday morning, Benzinga Pro subscribers received three option alerts related to unusually large JD trades...

Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) has earned $28 billion on Singles’ Day so far, data from the South China Morning Post shows. What Happened Sales crossed the $10 billion mark in the first 30 minutes, according to SCMP, with Hong Kong, the U.S., the U.K.,...

Rosenblatt Securities highlighted increased evidence of competition from Huawei and the implications for Apple Inc. (NASDAQ: AAPL)’s unit sales and sell-through rates in a Wednesday report.  The Analyst Analyst Jun Zhang reiterated a Neutral rating on Apple with a $200...

Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) hosted its annual "Singles Day" selling event Sunday, generating the U.S. dollar equivalent of $30.8 billion in gross merchandise volume. Here's what industry experts are saying after the sale.  SunTrust:...

Alibaba Group Holding Ltd (NYSE: BABA) shattered its Singles Day record Sunday with 213.5 billion yuan, or $30.8 billion, in gross merchandise value. The annual 24-hour e-commerce event notched $1 billion in the first 85 seconds and nearly $10 billion in the first hour to ultimately surpass...

Alibaba Group Holding Ltd. (NYSE: BABA) has its biggest weekend of the year: Singles Day. While American shoppers are gearing up for Black Friday and Cyber Monday, Chinese shoppers, particularly younger, single shoppers, are celebrating the Chinese version of an anti-Valentine’s Day by...

Alibaba Group Holding Ltd (NYSE: BABA)'s Singles' Day was a smashing success last week, as it sold $17.8 billion worth of products. By comparison, the company's gross merchandise volume (GMV) in 2015 totaled $14.3 billion. Perhaps more impressively, Alibaba's GMV during 2013's event was $5.14...

Alibaba Group Holding Ltd (NYSE: BABA) Singles' Day on was undoubtedly a hit, raking in nearly $18 billion in gross merchandise value. Singles' Day is now the world’s largest online shopping event and bigger than Black Friday. Alibaba’s Singles' Day haul grew 32 percent...

Last year, Alibaba Group Holding Ltd (NYSE: BABA) sold more than $14 billion of goods during its annual Singles Day event held on November 11. Alibaba is also known to put on quite a show to advertise its one-day selling event that eclipses Black Friday and Cyber Monday's combined sales. According...

When one e-commerce company can take advantage of a 20-year-old holiday to sell more than $14 billion of goods in a single day, you know online retail is a force to be reckoned with. Last week, Alibaba Group Holding Ltd (NYSE: BABA) said it generated sales of $14.3 billion on Singles’ Day...

Shares of Alibaba Group Holding Ltd (NYSE: BABA) were higher by nearly 2 percent Wednesday morning. Alibaba said that it exceeded the $12 billion mark in gross merchandise volume sold during its annual Singles Day event. The company noted that it surpassed last year's $9.3 billion...

Amazon.com, Inc. (NASDAQ: AMZN) recently announced that to celebrate its 20th anniversary on July 15, it will organize a shopping event titled "Prime Day" on its platform exclusively for Amazon Prime customers. Tom's Guide editor-in-chief, Mark Spoonauer, was on CNBC Monday to discuss about...