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Alibaba CMO: Singles Day Shows Chinese Consumer Remains Strong [Video]Alibaba CMO: Singles Day Shows Chinese Consumer Remains Strong

Chris Tung, chief marketing officer for Alibaba, said the Chinese consumer is in "top shape," with e-commerce sales countrywide rising 17 percent this year even as the overall Chinese economy cools.

Cheddar Inc. -   02:36

Alibaba's Singles' Day Sales Hit $13 Billion In First Hour [Video]Alibaba's Singles' Day Sales Hit $13 Billion In First Hour

In China, Singles' Day is akin to Black Friday and Cyber Monday in the US. Also known as “Double Eleven”, the festival’s name originates from the calendar date 11/11, with the four ones referencing being single. Alibaba Group Holding Inc said..

Wochit -   00:41

Why Alibaba Is Moving Ahead With $15B Hong Kong Listing Despite Unrest [Video]Why Alibaba Is Moving Ahead With $15B Hong Kong Listing Despite Unrest

Chinese e-commerce giant Alibaba Group is looking to kick off a Hong Kong share offering to raise as much as $15 billion later this month, despite ongoing protests in the China-controlled city-state that have been marked by months of protests. The..

The Street -   01:26

White House Weighs Delisting Chinese Companies [Video]White House Weighs Delisting Chinese Companies

(Reuters) - The S&P and the Nasdaq fell on Friday after news that the Trump administration was considering delisting Chinese companies from U.S. stock exchanges and limit U.S. investments into China. FILE PHOTO: Traders work on the floor at the New..

Wochit -   00:33

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