Meet The Biggest E-Commerce Company In The World

December 3, 2012 6:45 pm

So if you had not guessed from the title, it is not Amazon or eBay. In fact if you add up both their revenue, it would be less than this giant – we spotted this today:

“Chinese e-commerce giant Alibaba sold one trillion RMB worth of goods in 2012, the company announced today. That’s $157 billion U.S. in gross merchandise volume (GMV), which easily surpasses U.S e-commerce giants Amazon and eBay combined.”

Read more at http://venturebeat.com/2012/12/03/alibaba-reaches-1-trillion-rmb-157b-in-sales-to-become-biggest-e-commerce-company-in-the-world/#20kH4JMmAfVTobrb.99

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