Chinese e-commerce giants report flourishing Songs Day sales

China’s Alibaba, JD.com report nearly $70 billion in sales on Singles Day, a marketing event that has become the world’s busiest online shopping dayBy JOE McDONALD AP Business WriterNovember 12, 2019, 12:45 AM4 min read Chinese e-commerce giants Alibaba and JD.com reported nearly $70 billion in sales Monday on Singles Day, an annual marketing event…

E-commerce huge Alibaba raises $11 billion in share listing

The Chinese e-commerce giant Alibaba raises $11 billion in Hong Kong share offeringBy ELAINE KURTENBACH AP Business WriterNovember 21, 2019, 2:53 AM3 min read The Chinese e-commerce giant Alibaba has raised at least $11 billion in a share offering in Hong Kong, netting the city’s biggest offering since 2010 despite recent political turmoil. Alibaba on…

Chinese e-commerce giants report booming Songs Day sales

Chinese e-commerce companies report nearly $50 billion in sales on Singles Day, a sales promotion that has become the world’s busiest online shopping dayNovember 11, 2019, 5:24 AM1 min read Chinese e-commerce giant Alibaba says merchants on its platforms sold $12 billion worth of goods in the first hour of Singles Day, a marketing event…

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