​Alibaba soars to $9 billion Singles Day sales

​Alibaba soars to $9 billion Singles Day sales

​Alibaba soars to $9 billion Singles Day sales Canadians who invested in the Alibaba IPO earlier this year will be pleased to see the results of the e-commerce site’s trading on one of China’s biggest sales days. The 24 hour Singles Day promotion; started in the 90s as an alternative to Valentines Day; saw fast and furious trading on the site resulting in more than $9 billion in sales, beating last year’s results.