Alibaba takes orders for $84.54 billion in toned-down singles day

Chinese e-commerce giant Alibaba Group Holding Ltd recorded 540.3 billion yuan ($84.54) billion of orders, or “gross merchandise value” (GMV), at its 11-day singles day sales event, up nearly 14% year over year. ‘s growth. East. The results come in the form of overall consumption in China, and caps a relatively muted version of the … Read more