Re: BABA Alibaba.com
Publicado: Lun Mar 21, 2016 12:54 pm
Alibaba (BABA) said transaction volume on its sites hit 3 trillion yuan or a whopping $464 billion in its fiscal year that ends in March. That represents a tripling of Alibaba's gross merchandising volume since 2012. Alibaba has been trying to sustain growth by expanding its footprint in China's rural areas and bring in more foreign sellers onto its e-commerce platforms. Our parent company, Yahoo (YHOO), owns about a 15% stake in Alibaba.
