DUBAI/WAM The UAE Year of Community 2025 has come to a close, successfully concluding its …
Read More »Alibaba keeps Singles Day sales tally under wraps for first time
Bloomberg Alibaba Group Holding Ltd. decided not to disclose full sales results for its signature Singles’ Day shopping festival for the first time, after forecasts that the figure may suffer a decline unprecedented in the event’s 14-year history. Alibaba said in a statement gross merchandise value (GMV) was “in line with last year’s GMV performance despite macro challenges and …
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