Alibaba boasts $70.6 billion sales in first post-virus Singles' Day

© Reuters. Alibaba’s 11.11 Singles’ Day global shopping festival

HANGZHOU, China (Reuters) – China’s Alibaba (HK:) said orders on its e-commerce platform during the Singles’ Day shopping event hit 467.5 billion yuan ($70.6 billion) (53.3 billion pounds) by Wednesday evening.

The world’s biggest sales event – eclipsing Black Friday and Cyber Monday in the United States – spans four main days this year.

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