For Alibaba, a challenge is to turn mobile into money


  • TECH
  • Tuesday, 01 Jul 2014

MOBILE DIFFICULTY: Chinese e-commerce 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. — Reuters

BEIJING: Chinese e-commerce 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 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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