HONG KONG -- Every year, China's Singles Day shopping blitz pits the country's e-commerce giants against each other in a battle for online shoppers. Now, slowing sales and intensifying competition from new entrants are pushing a price war in the industry to painful new extremes.
A JD.com Singles Day billboard in Beijing on Oct. 26. © Reuters
Business Spotlight
China's Singles Day price war takes on painful new dimensions
Sites offer deep discounts but will that be enough to hang on to shoppers?
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