Chinese e-commerce firm Alibaba Group Holding Ltd said on Tuesday it expects to record 6 trillion yuan ($912 billion) in gross merchandise volume (GMV) in fiscal 2020, nearly double the 3.09 trillion yuan it expects this fiscal year.
The company disclosed the 2020 forecast during an investor conference at the company's headquarters in Hangzhou in Zhejiang province.
Executive Chairman Jack Ma also said Alibaba expects to have 2 billion consumers by 2036, up from 423 million active buyers in 2016.
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The company disclosed the 2020 forecast during an investor conference at the company's headquarters in Hangzhou in Zhejiang province.
Executive Chairman Jack Ma also said Alibaba expects to have 2 billion consumers by 2036, up from 423 million active buyers in 2016.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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