Double Eleven Turnover: Tmall Bags 540 Billion Yuan, JD.com Takes 349 Billion Yuan
According to data released Friday by Chinese tech giant Alibaba, the total transaction volume on its e-commerce plaform Tmall during the ‘Double 11’ shopping festival was 540.3 billion yuan ($84.448 billion), hitting a new high. From 8:00 p.m. on October 31 to 23:59 on November 11, the accumulated order value for transactions on JD…
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