Friday, 24 March, 2023

Alibaba promotes sustainable growth in annual shopping event

<p>Alibaba&#39;s annual shopping event 11.11 saw a participation of over 290K brands and 14M deals were offered to 900M+ Chinese&nbsp;users. The company said it will focus on sustainable growth than pure GMV.&nbsp; They want to promote green agenda with the reach and influence of the event by&nbsp;incentivizing people to shop green. Alibaba issued 100M yuan worth of &quot;green vouchers&quot;, the&nbsp;logistic arm rolled out 60K + package collection and recycling stations across China.</p>