12 November 2024

Alibaba, JD, and Xiaomi report Singles' Day sales numbers they say make the shopping event one of the most productive yet, as China's economy continues to sag (Bloomberg)

Bloomberg:
Alibaba, JD, and Xiaomi report Singles' Day sales numbers they say make the shopping event one of the most productive yet, as China's economy continues to sag  —  - Data shows sales surged, but over a much longer period  — Analysts warn shoppers still show signs of moderated spending

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