Alibaba’s Business Model – How the eCommerce Giant Makes Money
Indigo 9 Digital
APRIL 5, 2022
Tmall.com spun off from taobao.com in 2008 to connect higher-end brands with consumers. It is a wholesale marketplace where manufacturers, trading companies and resellers trade goods in large quantities. Alipay has more than one billion users and is the largest online payment platform in the world, much larger than PayPal.
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