By  on November 10, 2017
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SHANGHAI — Singles’ Day has kicked off, and it took just one hour for Alibaba sales to bring in sales of 57.1 billion renminbi, or $8.59 billion.

The company, which founded the shopping holiday, is on pace to break another global record, as much as $24 billion in gross merchandise value within a day, according to Citigroup.

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