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

The logo of Alibaba's e-commerce apps Taobao and Tmall are displayed on mobile phones, in this illustration picture taken October 27, 2023. REUTERS/Florence Lo/Illustration/File Photo

BEIJING (Reuters) - Alibaba's online shopping platforms Taobao and Tmall cancelled its annual Dec. 12 shopping festival and will instead host another shopping festival called 'year-end good price' in December, according to notices on the two platform's website on Friday.

(Reporting by Albee Zhang and Brenda Goh; Editing by Muralikumar Anantharaman)