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Alibaba Scores 27% Increase In 11.11 Shopping Frenzy As Global Brands Tap China's Online Market

Alibaba scored another record year during the 11.11 shopping festival with a 27% increase in merchandise sales, despite a slowing Chinese economy but continued quick gains in the e-commerce market.

The technology enabling Alibaba to sell $30.8 billion in Double 11 goods | ZDNet

From artificial intelligence to datacentre cooling, machine learning, and blockchain, Alibaba used new technology to surpass its record 11.11 Global Shopping Festival sales figure set last year by 45.3 billion yuan.

Alibaba hits another 'Singles Day' record but growth slows

Chinese e-commerce giant Alibaba filled a record $30.7 billion in orders on Sunday during its annual 'Singles Day' shopping frenzy, but growth slowed from previous years. 

Alibaba sets Singles' Day record with $31 billion in sales

Alibaba Group hit $30.7 billion in sales for its annual Singles' Day shopping extravaganza.

Almost $2b in two minutes: Chinese online shoppers shatter sales records

China's online shoppers ring up more than $40 billion in purchases during the nation's annual Singles Day, an event which began as a celebration for unattached university students but has been co-opted by online retailers.

Alibaba generates US$30.69 bn in sales on Double Eleven

Alibaba's Singles' Day smashes records with over $30bn in sales

The 10th annual Chinese shopping bonanza Singles’ Day has generated a record $30.

Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.7 billion) in sales on Sunday during its 24-hour online retail frenzy Singles' Day, but the event's annual growth dropped to its slowest rate.