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All Posts Tagged Tag: ‘Taobao’

Alibaba Hits Huge $157 Billion Annual Sales Milestone

Alibaba announced today that its sites Tmall and Taobao Marketplace have combined to surpass RMB one trillion in annual sales, which is roughly equal to $157 billion. It’s not as much as Walmart, but for e-commerce, it’s pretty huge. The company hit the milestone on November 30. In a post on Alibaba’s Alizila blog, Jim Erickson writes: Speaking on Dec. …

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