China’s Singles’ Day wraps up with e-commerce firms reporting growth in shoppers

The firm did not release total sales revenue for the period but said 45 brands – including Apple, Haier, Midea and Xiaomi – surpassed 1 billion yuan ($138.62 million) in gross merchandising value (GMV), a commonly used measurement for online sales. China’s largest e-commerce company Alibaba Group said it recorded “robust growth” in sales and […]

Read More