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Alibaba shatters its Singles Day online sales record

While Chinese marketplace giant Alibaba Group Holding Ltd. shattered its previous Singles Day sales record with more than 268.4 billion yuan ($38.4 billion) during the 24-hour sale, the ecommerce sales event had a relatively modest presence within the United States. Alibaba invented the Singles Day shopping event in 2009 to encourage consumer who were not […]

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