Thursday, November 11, 2021

Alibaba reports slower sales growth for Singles Day shopping event


Chinese e-commerce giant Alibaba sold $84.5 billion in merchandise during the Singles Day shopping festival that ended Thursday, an 8.5% increase over last year. Despite the growth, sales were down compared to the 26% increase in 2020.

source https://www.seattletimes.com/business/alibaba-reports-slower-sales-growth-for-singles-day-shopping-event/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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