Sales on Tmall hit 498.2 bln yuan in GMV during Singles' Day shopping spree

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The giant screen shows sales on Alibaba's e-commerce platform hitting 498.2 billion yuan (about 74.10 billion U.S. dollars) in gross merchandise volume (GMV) during the annual Singles' Day online shopping spree at Hangzhou Future Sci-Tech City in Hangzhou, east China's Zhejiang Province, on Nov. 12, 2020. (Xinhua/Huang Zongzhi)