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":"a1c2a43a46e65536cbe9963763dda51f","s":"41bd2db167d74fcb"}
Share your thoughts. Click here