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Members of the media wear virtual reality headsets featuring the Tmall Cat, mascot for Alibaba Group Holding Ltd.'s Tmall online marketplace, at Alibaba's annual November 11 Singles' Day online shopping event in Shenzhen, China, on Friday, Nov. 11, 2016. Alibaba broke its $14 billion Singles' Day sales record with room to spare, offering assurances about the strength of the Chinese consumer despite the nation's economic slowdown. Photographer: Qilai Shen/Bloomberg via Getty Images

Members of the media wear virtual reality headsets featuring the Tmall Cat, mascot for Alibaba Group Holding Ltd.'s Tmall online marketplace, at Alibaba's annual November 11 Singles' Day online shopping event in Shenzhen, China, on Friday, Nov. 11, 2016. Alibaba broke its $14 billion Singles' Day sales record with room to spare, offering assurances about the strength of the Chinese consumer despite the nation's economic slowdown. Photographer: Qilai Shen/Bloomberg via Getty Images