Alibaba’s Singles Day registers $25bn haul. The company is not shy of hyperbole — it aims to be bigger than the world’s fifth-biggest economy and serve 2bn customers by 2036. It forecasts total group revenues will rise 49-53 per cent this year. Alibaba also stressed its international and rural focus this year,…
https://www.ft.com/content/adefdc8c-c63a-11e7-a1d2-6786f39ef675

