A challenge for Alibababa to turn mobile into money


Beijing: Chinese ecommerce giant Alibaba Group Holding Ltd may have dominated online retail on personal computers, but is some way from replicating that leadership in shopping by smartphone and other mobile devices.

Alibaba, which is heading towards a bumper New York initial public offering (IPO) later this year, is throwing billions of dollars at figuring out how to thrive as half a billion people, 80% of China’s 618 million Internet users, go online via mobile.

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Business , Business , Alibaba , IPO , e-commerce

   

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