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View all search resultsChinese multinational conglomerate Alibaba Group Holding Ltd. earned US$10 billion in gross merchandise volume (GMV) an hour after the start of the annual 2018 Global Shopping Festival at midnight on Sunday, despite economic headwinds.
Alibaba co-founder and chairman Jack Ma will unveil a succession plan on Monday, the South China Morning Post reported Sunday, with a company spokesman denying a New York Times report that he would retire that day.
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