Alibaba’s Business Model – How the eCommerce Giant Makes Money
Indigo 9 Digital
APRIL 5, 2022
It launched in 2003 and provided an opportunity for China’s entrepreneurial class to reach China’s increasingly affluent consumer market. Alibaba created China’s most popular digital wallet in 2003 to resolve issues of trust in the payment process between buyers and sellers. Taobao.com is Alibaba’s biggest website.
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