Warehouse staff members sort parcels at the Guizhou express logistics park in Longli county, Guizhou province on Nov 9. - China Daily
BEIJING (Reuters): Chinese e-commerce giant Alibaba Group Holding had a record 540.3 billion yuan (US$84 billion) in orders, or gross merchandise value (GMV), over its 11-day Singles' Day sales event, marking a roughly 14 per cent increase from the year prior.
The results come as overall consumption in China slows, and cap a relatively muted version of a sales festival that Alibaba once aggressively promoted.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
