Globally, the number of digital shoppers is increasing as access to & adoption of the Internet grow. Analysts project e-commerce sales to reach US $7.4 trillion by 2025, up from $4.9 trillion in 2021.
Alibaba is one of many Online platforms vying for a piece of this lucrative market. MoneyTransfers.com reports that China accounts for 25% of global e-commerce sales. Alibaba’s notable success stems from the success of its 2 Online platforms, Taobao.com & Tmall.com. In order to succeed worldwide, the firm relies on strong sales in its large domestic market.
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