{"id":10993,"date":"2019-11-12T00:09:36","date_gmt":"2019-11-11T15:09:36","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2019\/nov\/11\/alibabas-singles-day-sales-top-30bn-as-it-heads-for-record-breaking-return"},"modified":"2019-11-12T00:09:36","modified_gmt":"2019-11-11T15:09:36","slug":"alibabas-singles-day-sales-top-30bn-as-it-heads-for-record-breaking-return","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=10993","title":{"rendered":"Alibaba&#8217;s Singles Day sales top $30bn as it heads for record-breaking return"},"content":{"rendered":"<ul>\n<li>Event founded in 2009 is world\u2019s biggest online shopping fest<\/li>\n<li>Alibaba plans to sell $15bn of shares in Hong Kong this month<\/li>\n<\/ul>\n<p>The Chinese retailer Alibaba Group said on Monday that sales for its annual Singles\u2019 Day shopping blitz have crossed the $30bn mark, putting the event on track to set a record in its 11th year.<\/p>\n<p>The figure is equivalent to over 80% of US rival Amazon\u2019s online store sales in the latest quarter and matches takings across Alibaba\u2019s e-commerce platforms on Singles\u2019 Day last year.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2019\/nov\/11\/alibabas-singles-day-sales-top-30bn-as-it-heads-for-record-breaking-return\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Event founded in 2009 is world\u2019s biggest online shopping festAlibaba plans to sell $15bn of shares in Hong Kong this monthThe Chinese retailer Alibaba Group said on Monday that sales for its annual Singles\u2019 Day shopping blitz have crossed the $30bn mar&#8230;<\/p>\n","protected":false},"author":238,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[808,41,6,50,335,42],"tags":[],"class_list":["post-10993","post","type-post","status-publish","format-standard","hentry","category-alibaba","category-asia-pacific","category-business","category-china","category-retail-industry","category-world-news"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/10993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/238"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10993"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/10993\/revisions"}],"predecessor-version":[{"id":10994,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/10993\/revisions\/10994"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}