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Alibaba Achieves Record $167 Billion Sales on 11.11 in 2024
Can you imagine an e-commerce player generating sales equal to a country’s foreign debt in a single day? That’s exactly what Alibaba achieved during its 2024 Double Eleven Shopping Festival, amassing an astounding $167 billion (approximately 1.2 trillion RMB, or 47.4 trillion PKR). This unprecedented feat highlights the enormous potential of e-commerce in China, with sales figures that are difficult for even global giants like Amazon to rival. The Unstoppable...