Chinese e-commerce giant Alibaba often gets mentioned as Amazon's main competitor, but Alibaba founder and chairman Jack Ma doesn't believe it's a fair comparison. He says the two companies run on completely different models, and if anything,
Alibaba's gross merchandise volume (GMV) for only mobile sales topped the company's entire GMV in 2014, with 94 million mobile buyers purchasing $9.8 billion worth of products during Singles Day. The company said it passed last year's total volume at
Chinese ecommerce giant Alibaba likely sold over $45 billion worth of counterfeit or “shoddy” goods on its various marketplaces last quarter, based on its gross merchandise volume (GMV) of $112 billion for that period,
To maintain its leadership and momentum, Alibaba also added a great degree of spectacle to its 2015 sales efforts. One such ploy featured Kevin Spacey in a commercial as his House of Cards character Frank Underwood, sending shoppers a message direct
BEIJING — Consumers spent $14.3 billion on Alibaba's shopping platforms for the Singles' Day shopping festival, beating analysts' expectations and smashing the Chinese e-commerce giant's 2014 sales record of $9.3