Alibaba Unveils Five-Year Goals for China
Alibaba Group Holding Limited (NYSE: BABA, “Alibaba” or “the Company”) announced the Company aims to serve over one billion annual active consumers and achieve over RMB10 trillion in annual gross merchandise volume (“GMV”) through its China consumer business by the end of fiscal 2024. The Company’s China consumer business covers primarily its China retail marketplaces, digital media and entertainment, as well as local consumer services. Going with the mission to make it easy to do business anywhere in the digital era. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba, and that it will be a company that lasts at least 102 years...