Alibaba Singles’ Day Ends Strongly as Beijing Crackdown Looms
Members of the media attend the gala event for Alibaba Group Holding Ltd.’s annual November 11 Singles’ Day online shopping event in Hangzhou, China. (Photographer: Qilai Shen/Bloomberg)

Alibaba Singles’ Day Ends Strongly as Beijing Crackdown Looms

(Bloomberg) -- Alibaba Group Holding Ltd. posted sales of $75 billion during the world’s largest shopping binge, wrapping up an annual frenzy of Chinese consumption that this year was overshadowed ...
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