Singles Day: Alibaba breaks record sales total

E-commerce giant Alibaba has beaten its sales record for its annual Singles Day event. About 20 hours into the event, Alibaba sales had reached 103bn yuan ($15bn; £12bn), easily topping the previous record set last year of $14.3bn. But some have questioned the accuracy of the numbers, amid claims of inflated sales data at Chinese online retailers. Merchants passing off counterfeit goods as genuine is also a problem in the industry. Alibaba reported 85% of purchases had been made on mobile phones during Singles Day. How Alibaba wants to change…

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