Alibaba Singles’ Day Sales Reach $14.3 Billion, Smashing Record

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  • Mobile phones account for 69% of transactions during promotion
  • Jack Ma says China's economy will be strong for next 15 years

Alibaba's Ma: We Want Money, Integrity to Be Together

Alibaba Group Holding Ltd. logged a record 91.2 billion yuan ($14.3 billion) in sales on Singles’ Day, turning a sweethearts’ holiday dreamed up two decades ago into a major online shopping event.

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