Alibaba Group Holding and other Chinese e-commerce firms holding Singles Day shopping events together logged a 4.7% decline in sales for the first half of the final day, a research firm said.
and other Chinese e-commerce firms holding Singles Day shopping events together logged a 4.7% decline in sales for the first half of the final day, a research firm said.
The Singles Day shopping festival, which despite its name has evolved into a multi-week event, is a key barometer of Chinese retail demand.
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