China’s Alibaba says post-COVID Singles’ Day gross sales hit $74 bln

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China’s Alibaba says post-COVID Singles’ Day gross sales hit $74 bln

HANGZHOU, China, Nov 11 (Reuters) - China's Alibaba 9988.HK stated on Wednesday orders on its e-com


HANGZHOU, China, Nov 11 (Reuters)China’s Alibaba 9988.HK stated on Wednesday orders on its e-commerce platforms through the Singles’ Day buying extravaganza hit a document 498.2 billion yuan ($75.1 billion).

The world’s largest gross sales occasion – eclipsing Black Friday and Cyber Monday in the US – spanned 4 predominant days this yr.

($1 = 6.6301 Chinese language yuan renminbi)

(edited by Emelia Sithole-Matarise)

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