China's Single's Day sales hit 10 billion yuan in less than 2 minutes

China's Singles' Day sales on Alibaba's Tmall hit 10 billion yuan (about 1.43 billion U.S. dollars) just one minute and 36 seconds after midnight on Monday, 29 seconds faster than last year. The sales reached 50 billion yuan in 12 minutes 49 seconds, last year it took 26 minutes and three seconds.