China's Singles' Day is biggest shopping spree

10 November 2019 - 05:00 By AGENCY REPORTER

Alibaba Group will kick off its annual 24-hour shopping extravaganza tomorrow with deals and deep discounts, and a performance by American pop star Taylor Swift.

The Singles' Day sale is now bigger than Black Friday. It comes as the $486bn Chinese retail juggernaut navigates through a major turning point, the resignation of its co-founder Jack Ma as chair, and aims to raise up to $15bn via a share sale in Hong Kong this month...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.

Questions or problems? Email or call 0860 52 52 00.