China’s Alibaba records Singles’ Day GMV of $84.54 billion over 11-day sales period

FAN Editor 2 years ago
Advertisement to promote JD.com's Singles' Day shopping festival is pictured in Shanghai
An advertisement to promote JD.com’s Singles’ Day shopping festival is pictured in Shanghai, China November 11, 2021. REUTERS/Aly Song

November 11, 2021

SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd recorded Singles’ Day gross merchandise value (GMV) of 540.3 billion yuan ($84.54 billion) over the 11-day sales period, the company said on Friday.

(Reporting by Josh Horwitz;Editing by Elaine Hardcastle)

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