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Old 12-04-2017, 03:31 PM
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dewilson58 dewilson58 is offline
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Alibaba is the world's largest and most valuable retailer since April 2016, after it surpassed Walmart,[9] with operations in over 200 countries,[10] as well as one of the largest Internet companies. Its online sales and profits surpassed all US retailers (including Walmart, Amazon and eBay) combined since 2015.[11] It has been expanding into the media industry, with revenues rising 3-digit percents year on year.[12][13] It also orchestrated China's Singles' Day into the world's biggest online and offline shopping day, with its own sales reaching over US$25.4 billion on 11 November 2017.[14][15]