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

Nov 10, 2021 · Alibaba posts record sales for Singles Day, but growth is slowing ... a slowing economy and softening consumer sentiment. ... That was up 28.6% from a year ago — though …

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Alibaba Posts Record Sales For Singles Day, But Growth Is Slowing

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Nov 10, 2021 · Alibaba posts record sales for Singles Day, but growth is slowing ... a slowing economy and softening consumer sentiment. ... That was up 28.6% from a year ago — though …

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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 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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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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Alibaba Records $84.5 Billion Singles Day Sales, Slowest Growth …

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Nov 12, 2021 · Alibaba raked in a record 540.3 billion Chinese yuan, or $84.54 billion, in orders over Singles Day. That's up 8.45% from last year — the lowest year-over-year growth rate in …

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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 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 Posts Its Slowest Sales Growth For Single's Day Shopping ...

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Nov 12, 2021 · While Alibaba reported on Friday (Nov 12) that it pulled in a record 540.3 billion yuan (S$114.6 billion) in sales, or gross merchandise value, over the 11-day event - which …

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

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Nov 12, 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's Singles Day Sales Grow Just 8.5%, Slowest Pace Ever

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Nov 10, 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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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, 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 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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How much did Alibaba's Singles' Day e-commerce festival sell?

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 boost following a year of heightened regulatory scrutiny. ...

Does Alibaba have a singles' day?

A billboard promoting Alibaba’s 11.11 Singles’ Day online shopping event at a bus stop near the company’s headquarters in Hangzhou on Nov. 10. Photographer: Qilai Shen/Bloomberg Since its debut in 2009, Singles’ Day has come to dwarf the U.S. Black Friday and Cyber Monday sales in both intensity and size. ...

Are Alibaba & JD a good e-commerce company for Singles' Day?

Alibaba Group Holding and JD.com wrapped up their respective Singles' Day promotions this year, with both Chinese e-commerce giants claiming strong results that signify a rebound in domestic consumer spending during the world's largest annual shopping festival. ...

What is Alibaba Singles Day shopping festival?

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 celebrates people who aren’t in relationships. The date — 11.11 — was chosen because it is written as four ones, or singles. ...

Why is Alibaba's momentum slowing down?

But its momentum is seriously slowing down as China’s economy weakens and as Beijing has tightened its grip on the tech industry. Alibaba said that total gross merchandise volume (GMV) reached 540.3 billion yuan ($84.5 billion) through the first 11 days of November, culminating in the holiday on Thursday. ...

Will Alibaba's performance ease a 30% slump in shares this year?

The strong performance could ease concerns among investors grappling with a 30% slump in Alibaba’s shares this year, which has seen the company hit with a record $2.8 billion antitrust fine and report its first revenue miss in two years. Alibaba’s U.S.-traded shares closed 2.4% up on Thursday. ...