Alibaba 1.1 Singles Day festival 2016
Alibaba 1.1 Singles Day festival 2016Screenshot from Alibaba website

Alibaba's 11.11 global shopping festival or Singles' Day 2016 festival is here, offering shoppers around the global with exciting deals from electronics to apparel to jewelry, and almost everything.

The shopping event caught the attention of the people after making a sale of $5.8 billion in 2013, $9.3 billion in 2014, and $14.3 billion in 2015. The company is expecting even bigger sales this year, projecting a $21 billion worth of sales in just 24 hours.

[READ: Alibaba develops new VR payment technology]

Here are 10 most interesting deals of the world's biggest sales event:

1) Smartphones: Alibaba has given up to 12 percent discount with free shipping for Chinese handsets like Xiaomi Redmi 3S, Redmi Note 3 Pro, and Mi Max. There is not much to offer in terms of smartphones.

2) Mobile accessories: Plastic back case cover for Apple iPhone 5 and iPhone 5S is available as low as $0.01, which 99 percent off. Several other mobile phone accessories like stylus touch pen for iPhone and iPad, battery charger, and smartphone tripod are up on sale.

3) Speakers: Wireless Bluetooth speakers, car speakers and earphones are available on sale with up to 50 percent discount and free shipping.

4) Fitness band: The Chinese e-commerce giant is offering up to 25 percent discount for fitness bands as part of its Singles' Day 2016 festival.

5) Smartwatch: Alibaba has made Smartwatch available on Singles' Day sales with up to 25 percent discount and free shipping.

6) Electronics: There also dozens of electronics items like drones, virtual reality (VR) headset, cable, scientific calculators, fitness band etc on sale.

7) Apparel: There is a huge range of clothing available with discount up to 99.9 percent. Some items cost as low as $0.01.

8) Home and garden: Household items like the lunch box, Christmas decorations, pet leash etc are on sale. Some of the items are priced as low $0.02 with 99 percent discount.

10) Jewelry: Necklaces, earrings and rings are available as low as $0.35 after discount.

11) Beauty: Women's makeup items like hair styling comb, fake eyelash, eyeshadow, eyeliner, lip cosmetic brushes, mascara set etc are priced as low as $0.26.