Alibaba, JD hit record $139 billion of sales

GUANGZHOU, China — Chinese e-commerce giants Alibaba and JD.com set new sales records across their platforms on Singles Day, the largest shopping event in the world.

Shares of both companies rose Friday with Alibaba up about 1% and JD up more than 5% in early Hong Kong trade.

The record sales come despite worries about the strength of the…

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