Big Tree/E Commerce = Competition for Alibaba = po
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Posted On: 11/23/2014 11:20:44 AM
Big Tree/E Commerce = Competition for Alibaba = potential (?) Acquisition : WSJD: How can Alibaba sustain its strong growth in the coming years?
Tsai: I think we are very well positioned because e-commerce penetration in China is still very low. We define our addressable market as total consumption in China, a $3.4 trillion economy. And there’s only 9% penetration of e-commerce into that. So there’s a lot of room to grow, just in terms of growing the penetration. We’ve got 300 million active shoppers on our platform, but that’s only half of China’s Internet population, and only a quarter of the total population. We are fortunate to have that macroeconomic tailwind behind us. And the rest is execution.
http://blogs.wsj.com/digits/2014/11/17/qa-ali...u-s-plans/
Tsai: I think we are very well positioned because e-commerce penetration in China is still very low. We define our addressable market as total consumption in China, a $3.4 trillion economy. And there’s only 9% penetration of e-commerce into that. So there’s a lot of room to grow, just in terms of growing the penetration. We’ve got 300 million active shoppers on our platform, but that’s only half of China’s Internet population, and only a quarter of the total population. We are fortunate to have that macroeconomic tailwind behind us. And the rest is execution.
http://blogs.wsj.com/digits/2014/11/17/qa-ali...u-s-plans/
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