Here's why Singles' Day fever might not help Jack Ma's net worth

Singles' Day has ballooned into world's biggest shopping phenomenon, generating $25.3 billion in sales last year

Jack Ma

Alibaba founder Jack Ma was present during the launch of the Enabling E-commerce initiative

Singles’ Day is set to break all kinds of international sales records this year. But don’t expect the frenzy to lift Alibaba chairman Jack Ma’s net worth.
Once the richest

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First Published: Nov 10 2018 | 9:54 PM IST

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