HuXiu reports that in the very first minute of their Singles Day promotions, Taobao and Tmall, both owned by Alibaba Group, handled over 340,000 transactions worth more than one hundred million yuan.
One hundred million yuan spent on Taobao and Tmall in first minute of Singles Day
By James Griffiths, November 11, 2013
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I Spent a Week in North Korea with Dennis Rodman
Dennis didn't know the first thing about the DPRK: not even the difference between North and South. He was just along for the ride.
This tiny misprint made a 100 yuan bill worth 1.5 million
Somebody botched Mao's shave, and a Chongqing man is cashing in.
WeChat selling ad space for bargain-basement price of 9 million yuan per day
Welcome to the world of 'Promoted posts.'
Man buys 1.3 million yuan worth of gold in 500 separate transactions
An unnamed Wuhan man bought five kilograms of gold in a local shopping mall on Saturday, at a cost of 1.38 million yuan ($224,580).
This bra is worth five million yuan
On Saturday, a model for a jewellers in Wuhan, Hubei province showed off this five million yuan ($827,145) lingerie set made from gold and weighing over three kilograms (6.6 lb).
Three children, seven million yuan
China’s prestigious director Zhang Yimou makes a public apology during a video interview with Xinhua News Agency over his violation of the one-child policy.
Prospective groom hands out 8.88 million yuan in cash at betrothal dinner
A Zhejiang man handed out 8.88 million yuan ($1.4 million) in cash as gifts during a betrothal ceremony in Yiwu on November 12.
Hunan village officials spent 10m yuan on 7-story building for just 8 staff
Officials of Yungai Village near Changsha, Hunan province spent 10 million yuan ($1.64 million) on a seven-story office building to house just eight people.
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