This Is How Big 2017’s Singles Day Could Be for Alibaba Group Holding LtdThe fourth quarter of the year is always a big one for Amazon.com, Inc. (NASDAQ:AMZN) and Alibaba Group Holding Ltd (NYSE:BABA), though for different reasons. Amazon.com is the beneficiary of the swell of holiday gift-giving purchases, while Alibaba is the go-to middleman for China’s so-called Singles Day … a self-indulgent day of spending on yourself. It begs the question for many current or prospective owners of BABA stock though: Just how big of a deal is Singles Day?


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