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618

Alibaba prepares US$5.7 billion war chest for Singles’ Day merchants

Alibaba Group Holding has earmarked at least 40 billion yuan (US$5.7 billion) worth of resources to help merchants on Taobao and Tmall during the...

Alibaba, Xiaohongshu boost sales in midyear shopping festival

Alibaba Group Holding said it is seeing “encouraging” user engagement and merchant growth during the 618 midyear online shopping festival, as rival Xiaohongshu, China’s...

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