Alibaba enters Singles' Day with equal growth to JD.com

An overview of Singles' Day performance since 2009 and revenue growth for Alibaba, JD.com and Pinduoduo approaching the 2020 mega shopping event.

A slowdown in Alibaba commerce means the e-commerce giant approaches Singles' Day with revenue growth tied with JD.com, according to the latest company reports.

Alibaba commerce revenue rose by 37.6% in the final quarter of 2019, a notable gap from JD Retail's 25.5% revenue growth. However, this gap had closed by the first quarter of 2020 and Alibaba was only 1.1 percentage points ahead of JD.com in Q2 2020.