China's Alibaba says post-COVID Singles' Day sales hit $74 bln

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19:40, 11/11/2020, WednesdayU: Update: 19:42, 11/11/2020, Wednesday
REUTERS
China's Alibaba says post-COVID Singles' Day sales hit $74 bln
Alibaba Group's Taobao and Tmall president Jiang Fan speaks at Alibaba Group's Singles' Day global shopping festival at a media center in Hangzhou, Zhejiang province, China November 12, 2020. REUTERS/Aly Song

China's Alibaba said on Wednesday orders on its e-commerce platforms during the Singles' Day shopping extravaganza hit a record 498.2 billion yuan ($75.1 billion).

The world's biggest sales event - eclipsing Black Friday and Cyber Monday in the United States - spanned four main days this year. ($1 = 6.6301 Chinese yuan renminbi)

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