Alibaba: The revolution is heading west
Alibaba aren’t in the UK yet. But they are coming. They're targeting $1 trillion in gross merchandise volume by 2020. To put this in scale for you – this is roughly 30% of the UK’s entire GDP.
I’m in awe of Alibaba and their chairman, Jack Ma. According to their 2017 fourth quarter results, they have over 500 million active customers and 80% of their transactions were on mobile in 2017.
Jack Ma’s strategy is two-pronged:
1) Forget retail traditi
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