Alibaba posts record sales for Singles Day, but growth is slowing

Alibaba (BABA)launched the first Singles Day Shopping Festival on November 11, 2009. The event, which is also known as Double 11, is pegged to China’s informal, anti-Valentine’s Day holiday that celebr… See more

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Alibaba Posts Record Singles' Day Sales, But Growth Slows - Yahoo …

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Nov 11, 2016 · By Catherine Cadell SHENZHEN, China (Reuters) - Alibaba Group Holding Ltd Singles' Day festival posted a record 120.7 billion yuan ($17.73 billion) worth of sales on …

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Alibaba Posts Record Singles' Day Sales, But Growth Slows - Yahoo …

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Nov 12, 2016 · Alibaba Group Holding Ltd Singles' Day festival posted a record 120.7 billion yuan ($17.73 billion) worth of sales on Friday, though the gala shopping day saw growth slow as …

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Singles Day: Alibaba's Annual Event Sees Slowest Ever Sales Growth …

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Sales for the 11-day event rose at their slowest rate since it was launched in 2009, up 8.5% on last year. However, customer spending still hit a fresh record high of 540.3bn yuan ($84.5bn; …

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Singles’ Day Posts Record Haul Despite Slower Pace, As China’s ...

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Nov 12, 2021 · Alibaba reported that gross merchandise value (GMV) for this year’s Singles’ Day grew to a record 540.3 billion yuan (US$84.5 billion) during the 11-day campaign, marking …

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Alibaba, JD Tout Singles’ Day Highs While China Economy Sags

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5 days ago · Alibaba said the number of paid 88VIP members who placed orders grew by 50%. Smaller rival JD reported customers increased by more than 20%. And Xiaomi co-founder Lei …

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Alibaba's Singles' Day Sales Grow Just 8.5%, Slowest Pace Ever

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Nov 12, 2021 · The Chinese e-commerce juggernaut said sales, or gross merchandise value (GMV), over its 11-day Singles' Day event that ended on Thursday rose to 540.3 billion yuan …

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Singles Day: Alibaba's Annual Event Sees Slowest Ever Sales Growth …

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Nov 12, 2021 · Sales for the 11-day event rose at their slowest rate since it was launched in 2009, up 8.5% on last year. However, customer spending still hit a fresh record high of 540.3bn yuan …

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China’s Singles Day Posts Record Sales Of $84.5bn

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12 Nov 2021. Alibaba Group Holding Ltd.’s Singles’ Day shopping festival posted record sales of 540.3 billion yuan ($84.5 billion), offering China’s largest e-commerce firm a much-needed ...

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Alibaba, JD.com Claim Big Win In Singles' Day Sales As Consumer ...

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5 days ago · Still, TTG said 45 brands on the Taobao and Tmall platforms - including Apple, Xiaomi and Nike - each recorded more than 1 billion yuan (US$139 million) in sales during …

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Alibaba Singles’ Day Posts Record Sales - Bloomberg.com

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Nov 12, 2021 · Alibaba Group Holding Ltd. ’s Singles’ Day shopping festival posted record sales of 540.3 billion yuan ($84.5 billion), offering China’s largest e-commerce firm a much-needed …

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Alibaba Sets Singles' Day Record With $31 Billion In Sales

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Nov 11, 2018 · HANGZHOU, China — Alibaba logged 213.5 billion yuan ($30.7 billion) in sales for its annual Singles' Day extravaganza, setting a record as shoppers swarmed the e-commerce …

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