Alibaba's Strong Momentum Leads to Record-Breaking Sales at 618 Shopping Festival

Monday, 3 June 2024, 13:00
Alibaba's recent success at the 618 shopping festival highlights the company's strong growth potential. Chairman Joe Tsai's focus on returning to double-digit revenue growth has shown promising results. Notably, 185 major brands, such as Apple, Xiaomi, and Huawei, have surpassed US$13.8 million in gross merchandise value on Taobao and Tmall during the promotional period.
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Alibaba's Strong Momentum Leads to Record-Breaking Sales at 618 Shopping Festival

Alibaba's Success at 618 Shopping Festival

Alibaba, led by Chairman Joe Tsai, has achieved remarkable growth and record-breaking sales during the recent 618 shopping festival. The event showcased the company's strong momentum and potential for further expansion.

Key Brands Achieve Impressive Results

  • 185 major brands, including Apple, Xiaomi, and Huawei, surpassed US$13.8 million in gross merchandise value on Taobao and Tmall.

Alibaba's performance demonstrates its commitment to growth and innovation in the e-commerce sector.

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