The Morning Run crew gives you their take on today's business headlines:   



0:33 - Alibaba Group Holding Ltd.’s Singles’ Day shopping bonanza and how it generated a record 168.2 billion yuan ($25.3 billion) in sales, as the company’s investment overseas and effort to link traditional retailers with the internet paid off. This is a 40% increase from last year. The total gross merchandise volume – that is the amount of sales transacted on the tech giant’s e-commerce platforms - was nearly four times the combined online sales of Black Friday and Cyber Monday in the US.

5:53 - Edra Energy's gas s turbine power plant in Alor Gajah, Melaka, is expected to begin operations in 2021. We discuss Edra's proposed Sukuk issuance to finance the plant and its potential IPO.

The Morning Run crew gives you their take on today's business headlines:&nbsp; &nbsp; <a style="font-weight: 100; cursor: pointer; text-decoration: underline;" onclick="gototime('33')">0:33</a> - Alibaba Group Holding Ltd.&rsquo;s Singles&rsquo; Day shopping bonanza and how it generated a record 168.2 billion yuan ($25.3 billion) in sales, as the company&rsquo;s investment overseas and effort to link traditional retailers with the internet paid off. This is a 40% increase from last year. The total gross merchandise volume &ndash; that is the amount of sales transacted on the tech giant&rsquo;s e-commerce platforms - was nearly four times the combined online sales of Black Friday and Cyber Monday in the US. <a style="font-weight: 100; cursor: pointer; text-decoration: underline;" onclick="gototime('353')">5:53</a> - Edra Energy's gas s turbine power plant in Alor Gajah, Melaka, is expected to begin operations in 2021. We discuss Edra's proposed Sukuk issuance to finance the plant and its potential IPO.

Instagram

Sharper and stronger than a double espresso. The Morning Run stretches your mind and braces you for the business day. It's your fast track into work where you can hit the ground running. From 6am to 10am weekdays, the Morning Run brings you the biggest stories and must-listen-to interviews. Stay enlightened, make educated business and investment decisions.

Advertisement