Brands rake in millions as Alibaba's toned-down Singles' Day enters last stretch

Brands rake in millions as Alibaba's toned-down Singles' Day enters last stretch

3 years ago
Anonymous $np3LcwuhSi

https://www.reuters.com/article/singles-day-alibaba/brands-rake-in-millions-as-alibabas-toned-down-singles-day-enters-last-stretch-idUSKBN2HV28T

SHANGHAI (Reuters) -Alibaba said that nearly 400 brands, including Apple Inc and L'Oreal SA, have raked in more than $15 million in sales each during its Singles Day extravaganza, as the toned-down event headed into its final hours on Thursday.