Today news
About the same in other media
Alibaba enjoys record sales for Singles Day shopping extravaganza in China
Reading now: 807
theguardian.comThe Chinese e-commerce titan Alibaba enjoyed record sales during its Singles Day shopping extravaganza, giving a much-needed boost to the firm after a torrid year in which it became the symbol of a government crackdown that hammered the country’s tech sector.
The firm said 540.3bn yuan (£63bn) was spent as China’s army of consumers went on a splurge despite a more low-key sales campaign after pressure from the government to tone down the aggressive promotions and rampant consumerism.
Combined
Read more on theguardian.comAbout this in other media
Bitcoin prices retreat for 4th day: What's cooking? economictimes.indiatimes.com /2 years ago
U.S. Should Restrict Investment in China Due to Security Concerns, Panel Says wsj.com /2 years ago
Impact of China’s Ban Minimal Again, Crypto Can’t Be Killed cryptonews.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
