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Alibaba Brings In $9 Billion On 'Singles Day'04:11

This article is more than 5 years old.

November 11th is China's Singles Day, celebrating single people in China. It's been embraced by retailers, and has become the biggest online shopping day in that country -- and therefore the world.

The Chinese online retailer Alibaba says it brought in a record $9 billion on Singles Day this year. What does the phenomenon say about China — and where e-commerce is going?

Jason Bellini of the Wall Street Journal joins Here & Now's Sacha Pfeiffer to talk about Singles Day shopping in China.


This segment aired on November 11, 2014.

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