Alibaba Posts Record Single Day Sales

Alibaba made e-commerce history on Sunday.
Business Insider reports Alibaba recorded $30.8 billion in sales over the last 24 hours as part of the company's massive Singles' Day celebration.
The $30.8 billion in generated sales is a significant increase from 2017.
In 2017, customers spent $25.3 billion.
According to Adobe Analytics data, total online sales on Black Friday reached $5 billion in 2017.
Cyber Monday sales last year reached about $6.6 billion.