Retail
November 13, 2018
Alibaba's Luxury Pavillion has been a driver of growth. Image credit: Alibaba
By Sarah Ramirez
HONG KONG – On the heels of another record-breaking Singles' Day, an Alibaba executive made it clear that the Chinese ecommerce giant has even bigger goals in mind.
{"ct":"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","iv":"4e8dbcdbb40d26161bdc4ce7fe2b9a54","s":"2f015f5ab38fb591"}
Share your thoughts. Click here