E-commerce giant Alibaba Group Holding expects to achieve a record 1 billion orders in 24 hours during Singles’ Day on November 11, as the company pulls together its entire retail ecosystem in China and overseas to participate in the world’s largest online shopping festival this year.
Alibaba is the world’s biggest e-commerce group. Founded by Jack Ma, it owns Tmall.com and its consumer-to-consumer business Taobao.com. Alibaba Group is the owner of the South China Morning Post.
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