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The Wall Street Journal: Alibaba racks up record $30.8 billion in Singles Day shopping

SHANGHAI — It was another record-setting Singles Day for Alibaba Group Holding Ltd. Sunday, with consumers snapping up bargains despite China’s slowing economic growth, the trade fight with the U.S. and the diminished presence of Alibaba founder Jack Ma.

The e-commerce behemoth clocked in sales of $30.8 billion in the 24-hour span that began at 12 a.m. Sunday — preceded by a glitzy televised stage show in Shanghai featuring Cirque Du Soleil, Mariah Carey and Australian model Miranda Kerr. Alibaba BABA, -2.78% zoomed past the previous year’s record of $25.3 billion by about 5:30 p.m.

A natural showman, Ma is usually an outsize presence at the gala — but not this year.

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