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11.11 news and archive


JD.com raises 19.14 billion US dollars during its Singles' Day sale

London - Chinese e-commerce giant JD.com gave Alibaba a run for its money during Singles' Day, otherwise known as 11.11, the online shopping sales day. JD.com reported sales of 127.1 billion yuan, 19.14 billion US dollars for the shopping event, a 50 percent increase compared to last year. However, unlike its rival Alibaba, which reported sales...