Alibaba nets record $30 billion in Singles' Day haul, but growth rate plunges

Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.7 billion) in sales on Sunday during its 24-hour online retail frenzy Singles' Day, but the event's annual growth dropped to its slowest rate.

from Reuters: Top News https://ift.tt/2RMMqiJ