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Alibaba sets $52 billion Singles' Day sales record
date:Nov 14, 2019
r Swift and Asian pop icon G.E.M. to pump up sales. The world's largest shopping event has become an annual ritual for Asia's largest company, part showcase of commercialism and part publicity blitz.

Also referred to as Double 11 because it falls on November 11, it's closely watched by investors keen to gauge how willing Chinese consumers are to spend as economic growth threatens to slip below 6%.

12/26 02:41