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November 11, 2017 04:34 pm GMT

Alibaba smashes its Singles Day record once again as sales cross $25 billion

Alibaba has set another Single’s Day record after the e-commerce giant sold over $25 billion of product on theChinese biggest online shopping date. The full number comes in at 163.8 billion RMB, that’s roughly $25.4 billion, in GMV — that’s “gross merchandise volume” which is used to measure a dollar value for all sales on a platform. In Alibaba’s… Read More

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