Alibaba expects revenue growth
By our correspondents
June 15, 2016
HONG KONG: Chinese e-commerce firm Alibaba Group Holding Ltd said on Tuesday it expects revenue growth of 48 percent in 2017, after earlier saying it expects to nearly double transactions volume to more than $900 billion by 2020.
Earlier on Tuesday, Executive Chairman Jack Ma said at an investor conference at Alibaba´s headquarters in Hangzhou, Zhejiang province, the company expects to have 2 billion consumers on its books by 2036, up from 423 million active buyers in 2016.
-
Jessie Buckley Reveals Why BAFTA Win Felt Extra 'special' With Cillian Murphy -
Halle Berry Reveals Bedroom Performances That Are Off-limits In Her Engagement To Van Hunt -
Why Nicole Kidman 'not Rushing' Into Love After Split From Keith Urban? -
Benny Blanco's Dirty Feet In Debut Podcast Divide The Internet -
Jeffrey Epstein Blamed King Charles As Andrew Left Trade Enjoy Job -
King Charles Asked To Lean On Princess Anne To Avoid ‘media Circus’ -
Passenger Wins £10,000 Payout From Heathrow Airport After 100 Ml Liquids Dispute -
Eric Dane's Costar Under Fire For Hurling Accusations At Him After His Death -
Paul Anthony Kelly Breaks Silence Over Online Discussion About His Chest Hair: 'I Own It' -
Queen Camilla Greets The Paddington Bear At BBC’s 500 Words Grand Final -
Chinese Astronauts Finally Reveal Why Spacecraft Left Them ‘stranded’ For 437 Days In Space -
Khloe Kardashian Reacts To AI Videos With Dad Robert Kardashian Kissing Her: 'That Freaks Me Out' -
Sinitta Makes Shock Admission About Marriage To Andy Willner Post Simon Cowell Heartbreak -
Bill Gates Calls Ties To Jeffrey Epstein 'huge Mistake,' Reveals Past 'affairs' -
Switzerland Announces One-time Compensation For Swiss Bar Fire Victims -
Ryan Coogler Shares Thoughts About Building Community Of Actors Amid 'Sinners' Success