Jack Ma (C), founder of Alibaba Inc., attends the Alibaba 11.11 Global Shopping Festival Countdown Gala in Shenzhen, Guangdong province, Nov 11, 2016. The spending frenzy held by Alibaba Group starts at midnight and lasts throughout the day on Nov 11, which also is known as Singles' Day. It’s the world's largest 24-hour online shopping event. [Photo/IC] [Photo/IC]