What is Alibaba? Alibaba is China’s — and by some measures, the world’s — biggest online commerce company . Its three main sites — Taobao, Tmall and Alibaba.com — have hundreds of millions of users, and host millions of merchants and businesses. Alibaba handles more business than any other e-commerce company. It's a marketplace, a search engine and a bank, all in one. E-COMMERCE Alibaba is the most popular destination for online shopping, in the world's fastest growing e-commerce market . Transactions on its online sites totaled $248 billion last year, more than those of eBay and Amazon.com combined. 80 % of China's online shopping market is dominated by Alibaba. MARKET CAPITALIZATION Alibaba became one of the most valuable tech companies in the world after raising $25 billion from its U.S. IPO. It is also one of the most valuable Chinese public companies, ranking among some of the country’s state-owned enterprises. See inside >> https://yazing.com/d...
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