Big Tech In FinServ Prompts EU Regulatory Probe | PYMNTS.com

ECB News: Big technology corporations' push into financial services in the EU is raising the prospect of increased regulation.

Alibaba Nets Record Haul on Singles' Day, but Growth Rate Plunges

Singles' Day, also called "Double 11", is the world's biggest online sales event, outstripping the sales of U.S. shopping holidays Black Friday and Cyber Monday combined.

Alibaba's Singles Day Just Hit Another Record, But That's Not What You Should Take Away

Chinese ecommerce giant Alibaba’s Singles Day shopping extravaganza has ended, but the headline goes way beyond the fact that Alibaba has notched another record sales day 10 years after it made Nov. 11 (11.11 denotes singles) a shopping event to celebrate those still on their own.

Amazon Rivals FedEx, UPS With Delivery Program | PYMNTS.com

Warehouse And Fulfillment News: Amazon launched a new delivery service that offers merchants steep shipping rate discounts compared to FedEx and UPS.

The e-commerce giant recorded about US$10b in sales of sale items in just the first hour after midnight. 

Alibaba sets Singles' Day record with RM129bil in sales - Tech News | The Star Online Alibaba sets Singles' Day record with RM129bil in sales

Alibaba Group Holding Ltd logged 213.5bil yuan (RM129bil) in sales for its annual Singles’ Day extravaganza, setting a record as shoppers swarmed the e-commerce giant’s online bazaars.

Although retail sales in China have been steady, the outlook is uncertain as the economy slows and concerns rise over the impact of the trade war with the United States

Alibaba Singles’ Day tops $42 billion, but growth rate plunges, East

China's largest company, which used a concurrent televised entertainment spectacle featuring Cirque du Soleil and Mariah Carey to further drum up business, reported that Xiaomi, Apple and Dyson products were the top three brands in early sales.. Read more at straitstimes.com.

China’s annual shopping frenzy shatters records again - Business News | The Star Online China’s annual shopping frenzy shatters records again

SHANGHAI: Online shoppers spent more than US$14bil within the first two hours of China’s annual buying frenzy on Sunday, once again breaking records as the consumer tradition enters its 10th year.

Alibaba sets Singles' Day record with $31 billion in sales

Alibaba Group hit $30.7 billion in sales for its annual Singles' Day shopping extravaganza.

China's Single's Day sales hit 1.4 bln USD in first 2 minutes

Alibaba Singles Day sales top $30 billion

The biggest shopping day on the planet has started with a bang.