Singles’ Day officially bigger than Black Friday and Cyber Monday combined

This year shoppers spent $7.4bn during Black Friday and an additional $9.4bn on Cyber Monday but even when combined, these numbers come nowhere close to the $38bn spent during Alibaba’s Singles’ Day.

Alibaba Cloud has revealed new details on the core technologies used during this year’s record-breaking, 24-hour global shopping festival with the first being the third generation of its X-Dragon architecture.

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