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Alibaba's Singles' Day sales hit $23 billion in first nine hours

Business Nov 11, 2019

Alibaba's Singles' Day sales hit $23 billion in first nine hours

Chinese retailer Alibaba Group Holding Ltd. said Monday that sales logged from its annual Singles' Day shopping blitz crossed the $30 billion mark late Monday afternoon, putting the event on track to set a record in its 11th year. Akin to Black Friday and Cyber ...

Ongoing trade war threatens American brands sold on China's 'Singles Day'

Business Nov 4, 2019

Ongoing trade war threatens American brands sold on China's 'Singles Day'

U.S. brands may see a broad boycott at the world's biggest shopping event this year as tensions between the U.S. and China over everything from tariffs to technological dominance simmer. More than three-quarters of Chinese consumers surveyed said they will reconsider buying from American companies ...

Taylor Swift helps Alibaba plug world's biggest shopping spree

Business / Corporate Oct 28, 2019

Taylor Swift helps Alibaba plug world's biggest shopping spree

Taylor Swift will headline Alibaba's Singles' Day next month in Shanghai, turning her considerable star wattage on the world's largest annual online shopping spree. By most measures the biggest recording star on the planet, Swift is the highest-profile act to feature at Alibaba Group Holding ...

China's Alibaba nets record $30 billion in Singles' Day sales extravaganza, but growth rate plunges

Business Nov 12, 2018

China's Alibaba nets record $30 billion in Singles' Day sales extravaganza, but growth rate plunges

Chinese e-commerce giant Alibaba Group Holding Ltd. cashed a record 213.5 billion yuan ($30.7 billion) in sales Sunday during its 24-hour online retail frenzy Singles' Day, but the event's annual growth dropped to its slowest rate. Shoppers in China and across the world snapped up ...

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