Alibaba, the company founded some 15 years ago by a former English teacher Jack Ma with borrowed $60,000 has already made a history last year with the largest ever IPO in New York. The company is valued at over 150 billion dollars and it continues to dominate Chinese e-commerce.
In my earlier post about Alibaba, I’ve covered its e-commerce related ecosystem as well as other areas where it is expanding through diverse acquisitions. This new infographic by Go-Globe, Shanghai based web design company, presents some interesting facts and figures about Alibaba and its overall business scope.
Here are some numbers that I find particularly astonishing:
- 279 million active buyers, or more than 1/5 of the entire China’s population, are active buyers on Alibaba networks, primarily on Taobao and TMall;
- Each of those active buyers makes, on average, 52 annual purchases per year , or one every week;
- Alibaba is processing 12.7 billion online orders annually;
- Alibaba dominates mobile commerce with its 76.2% market share in 2014;
- Alipay, another Alibaba’s property which is the Chinese equivalent of PayPal, accounts for half of all online transactions in China;
Here is the full infographic: