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Giulia Marchi | Bloomberg | Getty Images
Members of the media sit in front of a large screen waiting for the live updates of sales figures to start for the Alibaba Group Holding Ltd.’s annual November 11 Singles’ Day online shopping event in Shanghai, China, on Saturday, Nov. 10, 2018.
Alibaba on Sunday tore through last year’s Singles Day sales record, racking up more than $30.8 billion in the 24-hour shopping event.
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