Alibaba’s Singles’ Day Goes Global With Record $25 Billion in Sales
SEAFOODNEWS.COM [Bloomberg News] - November 13, 2017
Alibaba Group Holding Ltd.’s Singles’ Day generated a record 168.2 billion yuan ($25.3 billion) in sales, as the e-commerce giant worked with more traditional retailers to market discounted lobster, iPhones and refrigerators to shoppers from at least 225 countries and regions.
To pump merchandise, the Chinese company also hosted a star-studded gala with ...
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