China's Alibaba says post-COVID Singles' Day sales hit $74 billion

(Reuters) China’s Alibaba said on Wednesday orders on its e-commerce platforms during the Singles’ Day shopping extravaganza hit a record 498.2 billion yuan ($75.1 billion).

The world’s biggest sales event – eclipsing Black Friday and Cyber Monday in the United States – spanned four main days this year.

($1 = 6.6301 Chinese yuan renminbi)

Source: Reuters; edited by Emelia Sithole-Matarise