2020-11-12
A 10% discount on its own shares is very much in keeping with the spirit of Singles Day for Alibaba. Not many companies can both clear more than $50bn in sales in one day, and see their market cap reduced by roughly the same amount. https://www.cnbc.com/... https://twitter.com/...
CNBC
From 2020's Singles' Day sale, which was extended to 12 days from 24 hours previously, Alibaba and JD.com report around $115B in sales across their platforms
except for this one surprising sector Saheli Roy Choudhury / CNBC : Alibaba-owned Lazada saw ‘record’ sales on Singles Day, its Singapore CEO says Benjamin Godfrey / coinspeaker.co...