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

JD.com
FILE PHOTO - A sign of China's e-commerce company JD.com is seen at CES (Consumer Electronics Show) Asia 2016 in Shanghai, China, May 12, 2016. REUTERS/Aly Song/File Photo

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.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Should your colleagues be reading this article too? Contact us for corporate subscriptions at subs@dealstreetasia.com.