CORRECTED-UPDATE 7-Alibaba's Singles' Day sales hit record $38 bln; growth slows
November 12, 2019 at 19:08 PM EST
Chinese retailer Alibaba Group Holding Ltd's sales for its 24-hour Singles' Day shopping blitz hit a record $38.4 billion, more than U.S. rival Amazon.com Inc's haul last quarter from online store sales.