Alibaba takes in $84.54 billion in orders in toned-down Singles Day

Alibaba takes in $84.54 billion in orders in toned-down Singles Day

3 years ago
Anonymous $np3LcwuhSi

https://www.reuters.com/article/singles-day-alibaba/alibaba-takes-in-84-54-billion-in-orders-in-toned-down-singles-day-idUSKBN2HV28T

Chinese e-commerce giant Alibaba Group Holding Ltd recorded 540.3 billion yuan ($84.54) billion in orders, or "gross merchandise value" (GMV), over its 11-day Singles' Day sales event, marking a roughly 14% increase from the year prior.