Big Tech In FinServ Prompts EU Regulatory Probe |

ECB News: Big technology corporations' push into financial services in the EU is raising the prospect of increased regulation.

Alibaba's Singles' Day Hits Another Record: 3 Takeaways Beyond The Big Number

Alibaba has notched another record sales day, but this Singles' Day—10 years after Alibaba first made 11/11 a shopping event to celebrate those still on their own—offers much more to analyze than that.

Amazon Rivals FedEx, UPS With Delivery Program |

Warehouse And Fulfillment News: Amazon launched a new delivery service that offers merchants steep shipping rate discounts compared to FedEx and UPS.

Marcus' UK Success Has Bank Rivals Worried |

Consumer Banking News: Marcus, the digital banking unit of Goldman Sachs, is worrying UK bank rivals as its savings account takes off with consumers.

Alibaba hits another 'Singles Day' record but growth slows

Chinese e-commerce giant Alibaba filled a record $30.7 billion in orders on Sunday during its annual "Singles Day" shopping frenzy, but growth slowed from previous years. Although retail sales in China have been steady, the outlook is uncertain as the economy slows and concerns rise over the

Jack Ma Heads Toward Retirement With Another Singles’ Day Record Jack Ma Heads Toward Retirement With Singles' Day Record

As Jack Ma prepares to step down as chairman of Alibaba Group Holding Ltd., he does so after the online sales promotion he has championed for a decade notched another record. In it’s 10th iteration, the annual Singles’ Day event on Nov. 11 notched 213.5 billion yuan ($30.

Alibaba Pulls In Record Singles Day Sales

The e-commerce behemoth clocked in sales of $30.8 billion in the 24-hour span that began at 12 a.m. Sunday, with consumers snapping up bargains despite China’s slowing economic growth.

China's Singles Day smashes record

Chinese shoppers have spent more than $30 billion online during the annual shopping binge, breaking last year's record. The massive spending comes despite an ongoing trade war with the US.

China's Single's Day sales hit 1.4 bln USD in first 2 minutes

Alibaba Singles Day sales top $30 billion

The biggest shopping day on the planet has started with a bang.