Singles Day broke records in China

The shopping mega phenomenon of “Singles Day” might have broken all the records records in China, but it failed to capture the attention of U.S. consumers, according to a report released Wednesday. The Adobe Digital Index showed that the 24-hour sale celebrated on Nov. 11 has become the largest shopping…

Alibaba poised to climb even higher

You may not have heard of it but Singles’ Day which was started in the 1990s and was commercialized by Chinese e-tailer Alibaba back in 2009 — is the biggest shopping day in the world. However many don’t even know about it. The day has become not only the world’s largest…