Daniel Zhang Yong, chief executive of Alibaba Group Holding, talks to the media during the company’s 11.11 Global Shopping Festival in Shanghai on November 11, 2018. Photo: Simon Song

Alibaba projects 500 billion yuan in annual revenue amid escalation in US-China trade war

  • Alibaba reported revenue growth of 39 per cent to 376.8 billion yuan in the year ended March
Topic |   Alibaba

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Daniel Zhang Yong, chief executive of Alibaba Group Holding, talks to the media during the company’s 11.11 Global Shopping Festival in Shanghai on November 11, 2018. Photo: Simon Song
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Workers at a Tmall warehouse gather orders from customers in Jiangmen, Guangdong province. Photo: EPA/EFE

Alibaba’s online mall chief wants to double sales in three years by selling more American cherries and Australian baby formula

  • To achieve its goals, Tmall must incubate another 100 new brands that do annual business of 1 billion yuan apiece
Topic |   Alibaba

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Workers at a Tmall warehouse gather orders from customers in Jiangmen, Guangdong province. Photo: EPA/EFE
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