Alibaba Singles Day sales hit US$12 billion in first hour
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HANGZHOU, China: Chinese e-commerce giant Alibaba Group Holding Inc said on Monday that sales for its annual Singles Day shopping blitz hit 84 billion yuan (US$12 billion) within the first hour, up 22per cent from last years early haul of 69 billion yuan.<br/><br/>Akin to Black Friday and Cyber Monday in ...
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