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Jim Cramer: Christmas Is America's Version of Singles Day

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Alibaba's  (BABA) - Get Alibaba Group Holding Ltd. Report Singles Day was incredibly successful.

Alibaba, Asia's most valuable tech group, kicked-off its annual global shopping extravaganza ten days early this year with a 'Phase 1' part of the event that generated significant sales prior to the official launch at midnight in Beijing.

Jim Cramer weighs in on whether or not a company like Amazon  (AMZN) - Get, Inc. Report can have as successful a day as Singles Day. 

Watch the video above for more.

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