Alibaba takes in US$84.54 billion in orders in toned-down Singles Day
The results come as overall consumption in China slows, and cap a relatively muted version of a sales festival that Alibaba once aggressively promoted.
China’s ‘Single’s Day’ shopping fest subdued by tech crackdown
E-commerce platforms are keeping their heads down due to the government scrutiny, which targets alleged abuse of user data and monopolistic business practices.
Single minded: All set in China for world’s biggest shopping frenzy
Nov 11 is expected to generate sales far outstripping the pre-Christmas 'Black Friday' in the US.
