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Alibaba sells over CNY57 billion worth of goods on Double 11 online shopping festival

Irene Chen, Hangzhou; Steve Shen, DIGITIMES Asia 0

China-based Alibaba Group has announced that total sales concluded through its online shopping platform on the single day of the "Double 11" (November 11, 2014) shopping festival amounted to CNY57.11 billion (US$9.34 billion), an increase...

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