· Absolute Shockers · TECHNOLOGY
Meet The Biggest E-Commerce Company In The World
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