Alibaba was the top retailer in Asia-Pacific last year with sales of US$243.5 billion. Photo: Getty Images/AFPAlibaba was the top retailer in Asia-Pacific last year with sales of US$243.5 billion. Photo: Getty Images/AFP
Alibaba was the top retailer in Asia-Pacific last year with sales of US$243.5 billion. Photo: Getty Images/AFP
Business /  Companies

E-commerce giants Alibaba and JD.com by far the dominant retailers in Asia-Pacific, Euromonitor study finds

  • Alibaba’s sales rose nearly 25 per cent last year to US$243.5 billion, while JD.com’s sales increased by 40 per cent to US$201 billion
  • Euromonitor expects retail sales to grow in the low single digits next year because of the US-China trade war
Topic |   Hong Kong protests
Cheryl Arcibal
Cheryl Arcibal

Updated: 8:29am, 2 Aug, 2019

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Alibaba was the top retailer in Asia-Pacific last year with sales of US$243.5 billion. Photo: Getty Images/AFPAlibaba was the top retailer in Asia-Pacific last year with sales of US$243.5 billion. Photo: Getty Images/AFP
Alibaba was the top retailer in Asia-Pacific last year with sales of US$243.5 billion. Photo: Getty Images/AFP
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