Alibaba has posted an increase in sales at its annual Singles Day shopping extravaganza, but growth slowed to its lowest rate since the festival began more than a decade ago.
The Chinese ecommerce giant said gross merchandise volume hit ¥540.3bn (£63.1bn) across the 11-day event, also known as the 11/11 Global Shopping Festival.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.