Alibaba Smashes Singles Day Record With Over $74.1B in Sales

This year Alibaba's annual Double11 promotion changed structure and become a shopping season spanning 11 days, and in doing so, shattered multiple records. Chinese consumers bought like no tomorrow from Taobao and Tmall to buy both domestic, but especially international brands at steep discounts. The "total GMV for the event was calculated from Nov. 1-11,... Continue Reading →

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