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Tag: trilliondollar

Alibaba sees trillion-dollar volume potential in China

Chinese online retail giant Alibaba is not done growing. The e-commerce platform’s parent company, Alibaba Group Holding Ltd., said it aims to serve over 1 billion annual active consumers and achieve over $1.4 trillion in annual gross merchandise volume through its China consumer business by the end of fiscal 2024. The company’s China consumer business …

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