Alibaba boasts $70.6 bln gross sales in first post-virus Singles’ Day

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Alibaba boasts $70.6 bln gross sales in first post-virus Singles’ Day

HANGZHOU, China Nov 11 (Reuters) - China's Alibaba 9988.HK mentioned orders on its e-commerce platf


HANGZHOU, China Nov 11 (Reuters)China’s Alibaba 9988.HK mentioned orders on its e-commerce platform in the course of the Singles’ Day purchasing occasion hit 467.5 billion yuan ($70.6 billion) by Wednesday night.

The world’s largest gross sales occasion – eclipsing Black Friday and Cyber Monday in the USA – spans 4 fundamental days this yr.

(Reporting by Josh Horwitz; Writing by Emelia Sithole-Matarise)

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