Alibaba’s Hong Kong shares have advanced 22 per cent this year, beating an 8.7 per cent decline in the Hang Seng Index. Photo: BloombergAlibaba’s Hong Kong shares have advanced 22 per cent this year, beating an 8.7 per cent decline in the Hang Seng Index. Photo: Bloomberg
Alibaba’s Hong Kong shares have advanced 22 per cent this year, beating an 8.7 per cent decline in the Hang Seng Index. Photo: Bloomberg

E-commerce giant Alibaba sets five-year goal of serving over a billion customers in China

  • Company also aims to serve two billion customers globally, create 100 million jobs and help 10 million small businesses on its platform become profitable
  • Alibaba’s net income rose 75 per cent from a year earlier to 140 billion yuan, while revenue rose 35 per cent in last financial year

Topic |   Alibaba
Alibaba’s Hong Kong shares have advanced 22 per cent this year, beating an 8.7 per cent decline in the Hang Seng Index. Photo: BloombergAlibaba’s Hong Kong shares have advanced 22 per cent this year, beating an 8.7 per cent decline in the Hang Seng Index. Photo: Bloomberg
Alibaba’s Hong Kong shares have advanced 22 per cent this year, beating an 8.7 per cent decline in the Hang Seng Index. Photo: Bloomberg
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