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China’s Alibaba, JD.Com boost singles’ day sales with discounts
Credit: IndiaTimes- Published on November 12, 2023
China's Alibaba Group Holding and JD.com saw sales increases for Singles' Day, with both companies reporting higher gross merchandise value and order amounts compared to the previous year. The annual shopping event, which serves as a barometer for Chinese consumption sentiment, focused on a low-price strategy this year. China's...