Alibaba, Amid Intense Hype, Confronts a Slowdown on Singles Day

The company turned an obscure holiday into a big shopping event and a symbol of China’s economic rise, but it is under pressure from weak sales growth and a U.S. inquiry.

from NYT > Technology http://www.nytimes.com/2016/11/11/business/international/alibaba-singles-day-slowdown.html?partner=rss&emc=rss

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