Alibaba enters Singles' Day with equal growth to

An overview of Singles' Day performance since 2009 and revenue growth for Alibaba, 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, 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 in Q2 2020.