Alibaba’s Singles Day was the highlight of a standout quarter, generating a record US$17 billion of sales in 24 hours.

Alibaba’s shares rise to two-month high on higher revenue forecast

The e-commerce giant saw revenue surge 54 per cent to 53.25 billion yuan, beating analysts’ estimates of 50.17 billion yuan

Topic |   Alibaba

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Alibaba’s Singles Day was the highlight of a standout quarter, generating a record US$17 billion of sales in 24 hours.
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