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It seems that the Chinese eCommerce juggernaut keeps on demolishing the american internet dominance, as after the grand success of Alibaba's maiden ADR.Its Tmall .Having overtaken eBay to become the world's second largest internet retailer, Tmall ( a subsidiary of Alibaba.com) appears to be on an unstoppable trajectory to the top. However what most people does not know.is that the entire growth has come to China.. The biggest reason why " China continues to strike gold at eCommerce is because of its extremely robust domestic market.
Meanwhile Euromonitor in its latest report projects the end of Amazons dominance in eCommerce. "New Study Says Alibaba's Tmall Will Overtake Amazon as the World's Biggest Ecommerce Site by 2015 in terms of revenue: This will make making Tmall the world’s largest eCommerce site
Tmall’s revenues should hit $120 billion by 2017, according to Euromonitor. Amazon’s revenues will likely be $100 billion by then"
Meanwhile Euromonitor in its latest report projects the end of Amazons dominance in eCommerce. "New Study Says Alibaba's Tmall Will Overtake Amazon as the World's Biggest Ecommerce Site by 2015 in terms of revenue: This will make making Tmall the world’s largest eCommerce site
Tmall’s revenues should hit $120 billion by 2017, according to Euromonitor. Amazon’s revenues will likely be $100 billion by then"
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