China’s Singles Day sales period wraps up with e-commerce giants reporting sales growth

SHANGHAI (Reuters) – Alibaba Group reported that its Chinese e-commerce platforms Tmall and Taobao recorded “positive” year-on-year growth over this year’s Singles Day sales period, while competitor JD.com said its festival GMV (gross merchandising volume) hit a “record high”.

(Reporting by Casey Hall; Editing by Simon Cameron-Moore)

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