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Janine Marie Crisanto | News Update
Following the success of the Singles' Day, Alibaba has ventured on another e-commerce event dubbed as 12.12, first introduced in 2013. The company has taken advantage of these shopping festivals to push its online presence amidst a strong competition within the e-commerce market.
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Singles' Day breaks sales record but shows its weakest growth yet
Date: Nov 24, 2016   |   Author: Janine Marie Crisanto | News Analysis
Alibaba's Singles' Day has surpassed global records for e-commerce sales, taking a total of $17.8 billion this year. However, there are concerns whether the one-day event held every 11th November can sustain its large growth in the coming years.
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Non-bank players vie for customers in the digital payments arena
Date: Nov 04, 2016   |   Author: Janine Marie Crisanto | Research Note
Increasing adoption of digital payments has resulted in stiff competition within the industry. Non-bank payment players have become more aggressive, aiming to grow into full scale financial service providers.

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