China's JD.com, Alibaba rival, reports $19.1b in shopping event sales

China's JD.com, Alibaba rival, reports $19.1b in shopping event sales

REUTERS/Aly Song

JD.com, China’s e-commerce behemoth, said on Sunday that sales for Singles’ Day – and its run-up – reached 127.1 billion yuan ($19.14 billion), up 50 percent from a year ago.

Sales included 11 days of transactions, JD said in a statement, unlike its rival Alibaba, which reported on Saturday that its one-day sales reached 168.3 billion yuan ($25.35 billion), up 39 percent from last year.

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