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Chinesee-commercegiantAlibaba'sdeliveryarmCainiaoNetworkonTuesdayunveiledaflagshipautomatedwarehouseinHuiyangdistrict，HuizhoucityinSouthChina'sGuangdongprovince
Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) said it racked up more than $5 billion in transactions in the first hour of its annual 'Singles' Day' sales blitz on Friday - a third more than in the first hour of last year's spree.
Retail market analysts predicted that November's big shopping frenzy－the China-inspired Singles' Day－will see a year-on-year sales increase of 40 percent, as Alibaba Group Holding Ltd and major international brands use virtual and augmented reality to woo online shoppers.
The online buying fiesta on this year's Nov. 11, also China's Singles' Day, smashed records, with e-commerce giant Alibaba ringing up sales of over 5 billion yuan, thanks to the world's biggest online retail sales day.
Li Zhe, a college student in east China's Nanjing City, has compiled a wish list for "Singles Day" on Tuesday, a holiday that has become China's busiest online shopping day.
Over 100 freighter aircraft and countless high-speed rail carriages and vehicles are gearing up to shuttle around Chinese cities for the shopping carnival of Singles Day on Monday.
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