Alibaba Singles’ Day sales jump 25% in first 9 hours to $23 billion

November 11, 2019 admin Business News Comments Off on Alibaba Singles’ Day sales jump 25% in first 9 hours to $23 billion

Chinese retailer Alibaba on Monday said sales for its annual Singles’ Day shopping blitz jumped 25% in the first nine hours to $23 billion, nearly two thirds of U.S. rival Amazon.com Inc’s online store sales in the latest quarter.

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Source:: Reuters – Business News