Alibaba's Taobao, Tmall cancel Dec 12 shopping festival, to host substitute event

Alibaba's Taobao, Tmall cancel Dec 12 shopping festival, to host substitute event

FILE PHOTO: The logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China July 20, 2018. REUTERS/Aly Song/File Photo

Alibaba’s online shopping platforms Taobao and Tmall cancelled their annual Dec. 12 shopping festival and will instead host another shopping spree called ‘year-end good price’ in December, according to notices on the platforms’ websites on Friday.