Screens showing live data feeds concerning the November 11 shopping festival at Alibaba's head quarters in Hangzhou , China on 11 November 2013. As of 2:30 PM, over 21 billion RMB 3.3 billion USD of sales were made through the internet portal. Alibaba, the parent company of T Mall, recorded $5.78 billion of sales during this Chinese version of Black Friday in 2013, as people in China increasingly log on to their computers to shop.
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