[1/2]A person walks past a JD.com’s advertisement promoting Singles Day shopping festival, at a subway station in Beijing, China October 26, 2023. REUTERS/Tingshu Wang/File Photo Acquire Licensing Rights
SHANGHAI, Nov 12 (Reuters) – Alibaba Group reported that its Chinese e-commerce platforms Tmall and Taobao recorded “positive” year-on-year growth over this year’s Singles Day sales period, while competitor JD.com said its festival GMV (gross merchandising volume) hit a “record high”.
Reporting by Casey Hall; Editing by Simon Cameron-Moore
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