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Alibaba’s ‘Singles Day’ Online Orders Hit $30.7Bn

Alibaba, the world’s foremost e-commerce company, recorded a record $30.7 billion orders on Sunday during its annual “Singles Day” shopping frenzy. The feat came even as the Chinese company’s growth slowed from previous years. For instance, Alibaba’s share price, which doubled in 2017, is down 16 percent this year. Online reports indicated that the world’s […]