Singles Day: Alibaba boasts $56B in sales as post-virus Singles’ Day gets into full swing



China’s Alibaba said orders on its e-commerce platforms during the Singles’ Day shopping extravaganza had exceeded $56 billion by Wednesday morning, as lockdown-weary consumers splurged on as many as 16 million discounted goods.

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The world’s biggest sales event — eclipsing Black Friday and Cyber Monday in the United States — spans four main days this year, and so far has brought…

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