Alibaba's Taobao units hit record 1 trln yuan in deal value this year
December 03, 2012 at 04:28 AM EST
SHANGHAI, Dec 3 (Reuters) - Alibaba Group said on Monday the value of transactions on its two e-commerce platforms exceeded 1 trillion yuan ($160.6 billion) for the first time in January-November this year, reflecting the boom in the sector.