More than $12bn was spent on shopping website Alibaba in the first 12 hours of Singles Day this year. It surpassed $7bn in the first two hours alone, and that's just one website...
Singles Day started as an obscure "anti-Valentine's" celebration for single people in China back in the 1990s, but it has spawned into the world's biggest online shopping day. It takes place in China on November 11 every year.
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