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Alibaba does $30.8 billion in sales in 24 hours

by Futures Centre, Nov 14
1 minute read

Singles day, or “Guanggun Jie”, is a Chinese holiday celebrating pride in being single. In the past couple of decades, the November 11th celebration has become China’s biggest shopping day of the year, with many retailers offering discounts.  In 2018, retail giant Alibaba set a Singles Day record by hitting $30.8 billion in sales in 24 hours.

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