Live Breaking News & Updates on Ann The Straits Times 8211 Alibaba Group Jd Com Reported Sales Increases During Chinas Most Important Shopping Festival

ANN/THE STRAITS TIMES – Alibaba Group and JD.com reported sales increases during China’s most important shopping festival, yet likely lagged newer entrants from social media platforms like ByteDance’s Douyin during a muted year for consumer spending. Analysts hunted for clues after China’s two e-commerce leaders again failed to disclose overall revenue numbers during Singles’ Day, […] ....

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