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All Posts Tagged Tag: ‘tmall’

About Daniel Zhang, The New CEO Of Alibaba Group

Alibaba managed to take the title for the largest global IPO ever in September, and the company is about to be under new (yet familiar) leadership . Alibaba reported its March 2015 and fiscal year 2015 financial results on Thursday while also announcing that COO Daniel Zhang will become CEO of Alibaba Group starting May 10. He will replace Jonathan …

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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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