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Alibaba Doesn’t Disclose Singles Day Sale for the First Time

By
Juro Osawa
· · Source: The Information

Alibaba Group didn’t disclose the total volume of transactions for this year’s Nov. 11 Singles Day shopping festival, the biggest annual sales event, only saying that the results were “in line” with last year’s performance. This is the first time Alibaba decided not to disclose the number. This year’s Singles Day came amid global economic headwinds and growing concerns about the looming...

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