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Alibaba's transaction volume in 2012 reaches 1 trln yuan (6)

Xinhua)  08:13, December 04, 2012

Photo taken on Nov. 11, 2012 shows staff members of business-to-consumer (B2C) online retail website celebrate new records of transaction volume at its headquaters on Chinese grassroots' self-proclaimed Singles' Day, which falls on November 11, in Hangzhou, capital of east China's Zhejiang Province. During a media briefing on Dec. 3, 2012, the Alibaba Group, which owns and its consumer-to-consumer (C2C) counterpart, announced that the transaction volume of the two platforms has reached one trillion RMB (about 161 billion U.S. dollars) by the end of November 2012, ranking after east China's Guangdong, Shandong, Jiangsu and Zhejiang Province in terms of social consumption goods retail volume as compared to the number of 2011.(Xinhua/Huang Zongzhi)

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