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":"b595ab77827ebe75ba7a3e31d87bd767","s":"3354505fef9fbeec"}
Share your thoughts. Click here