Alibaba’s Taobao briefly breaks down amid Singles’ Day presales

Taobao Marketplace, China’s biggest online shopping platform, experienced a 20-minute system breakdown on Wednesday evening, as the Alibaba Group Holding subsidiary kicked off presales for the annual Singles’ Day festival in November.The system crash, which was fixed within 20 minutes, was attributed to heavy traffic generated by “overenthusiastic” consumers soon after Alibaba kicked off the presales period for the world’s largest shopping event, according to a Taobao statement posted on…