Analysis: Chinese livestream salesman Li Jiaqi, known for trying on makeup on his show, sold $1.9B in goods on Alibaba's Taobao during its Singles' Day festival (Jinshan Hong/Bloomberg)

Jinshan Hong / Bloomberg:
Analysis: Chinese livestream salesman Li Jiaqi, known for trying on makeup on his show, sold $1.9B in goods on Alibaba's Taobao during its Singles' Day festival  —  - Record on first day of Alibaba's Singles' Day shopping binge  — Signals China's consumer strength despite economic slowdown