Tag Archives: Alibaba’s Singles’ Day shopping blitz crosses $30 billion mark

HANGZHOU: Chinese retailer Alibaba Group Holding said on Monday that sales for its annual Singles’ Day shopping blitz crossed the $30 billion mark at 4:31 pm (0831 GMT), putting the event on track to set a record in its 11th year. The figure is equivalent to over 80 percent of US rival Amazon online store sales in the latest quarter …

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