JD.com Racks Up $48.70 Billion in Sales on Singles’ Day
On Thursday, Chinese e-commerce giant JD.com smashed its last year Singles’ Day record as it racked $48.60 billion in sales on its platform. Accordingly, the stated figure referred to the transaction volume, the amount of money operated on its platform. In addition, it does not equate to the company’s revenue, still it reflects the increased …
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