Home / Top News / Alibaba’s Singles’ Day sales hit record $38 billion; growth slows

Alibaba’s Singles’ Day sales hit record $38 billion; growth slows

Chinese retailer Alibaba Group Holding Ltd’s sales for its 24-hour Singles’ Day shopping blitz hit a record $38.4 billion, more than U.S. rival Amazon.com Inc’s haul last quarter from online store sales.

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