China's upcoming Singles' Day predicts Alibaba stock could see a sell-off

9:45 AM ET Wed, 6 Nov 2019

China's Singles' Day, the world's largest online shopping event will take place on Monday, Nov. 11, 2019. Originally started by e-commerce giant Alibaba 10 years ago, sales on Singles' topped $30 billion in 2018, making it bigger than online sales for Black Friday and Cyber Monday combined. But some analysts believe sales growth expectations could be tempered.