Alibaba Brings In $9 Billion On 'Singles Day'

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.