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Alibaba generates US$30.69 bn in sales on Double Eleven

Chinese e-commerce giant Alibaba achieved a total transaction volume of 213.5 billion yuan (US$30.69 billion) in a single sales day during the Double Eleven Shopping Festival on November 11, The Paper said. Transaction volume increased by 26.93%, compared to that of 168.2 billion yuan last year. It is also 4,270 times that of the amount […]

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