Singles Day: Alibaba closes in on record sales

  |   Tech News

E-commerce giant Alibaba looks set to smash the sales record for its annual Singles Day event.
About 12 hours into the event, sales had reached 82.4bn yuan ($12.1bn; £10bn), the firm said. Last year's record was $14.3bn.Alibaba reported 85% of purchases had been made on mobile phones during Singles Day.

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