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Pharrell Williams

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Jack Ma’s Alibaba Makes Record-Breaking $25 Billion in Singles’ Day Sales

Alibaba once again proved its worthiness as China’s king of e-commerce after it smashed a record breaking sale figure of 168 billion yuan ($25.3 billion) at the end of its annual Singles’ Day event.

This year’s event on Nov. 11 far exceeded the company’s Singles’ Day in 2016, which raked in $18.1 billion during its 24-hour sale period, according to South China Morning Post.