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

BEIJING, Nov 24 (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)