Jack Ma, president of the nation's e-commerce giant Alibaba speaks in front of a giant screen displaying total gross merchandise volume (GMV) of Alibaba's online marketplace Tmall for Singles' Day shopping spree in Shenzhen, south China's Guangdong Province, Nov. 11, 2016. By 0 o'clock on Saturday, the total GMV of Tmall during Singles' Day has exceeded 120.7 billion yuan (about 17.78 billion U.S. dollars). (Xinhua/Shen Bohan)