Living in Jack's world

Alibaba’s New York IPO will shine a light on China’s business-to-consumer online sales, which CLSA predicts will hit $330 billion by 2017.

Jack Ma, the company’s executive chairman, has predicted that online retail sales will account for 30% of total retail sales in China in five years versus about 8% today.

Anette Jönsson

November 05, 2013

To say that Alibaba’s pending initial public offering is eagerly awaited is an understatement.

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