Alibaba’s annual sales have broken records, registering 498.2 billion yuan (about $75 billion). The total includes an earlier three-day period that was added to boost post-pandemic sales.

The sum represents an increase of 26%, in comparison to the non-fiction Compared to the same timeframe as last year. “China’s economy has seen a strong recovery and Chinese consumers’ purchase behaviors have already returned to pre-pandemic levels, if not higher,” according to Xiaofeng Wang, an analyst with market research firm Forrester, China’s economy has seen a strong recovery and Chinese consumers’ purchase behaviors have already returned to pre-pandemic levels, if not higher.

Alibaba Group Holding Limited, also known as Alibaba Group and as Alibaba.com, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. Founded on 4 April 1999, in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via web portals, as well as electronic payment services, shopping search engines and cloud computing services. It owns and operates a diverse portfolio of companies around the world in numerous business sectors