Daniel Zhang, chief executive officer of Alibaba Group Holding Ltd., gestures as he speaks during a news conference at the launch of the company’s 11.11 Global Shopping Festival in Hong Kong, China, on Thursday, Oct. 20, 2016. Alibaba defines the gross merchandise volume on next month’s Singles’ Day sales promotion […]

from Forbes – Tech http://www.forbes.com/sites/deborahweinswig/2016/11/10/singles-day-retailtainment-supersedes-discounting/
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