FILE PHOTO: Employees work at a Tmall logistic centre of Alibaba in Suzhou, Jiangsu province, China, October 28, 2015. REUTERS/Aly Song/File Photo
One of Jack Ma’s closest lieutenants just laid down a plethora of ambitious goals for Alibaba Group Holding Ltd.
Jiang Fan, who runs the company’s two biggest e-commerce businesses, wants to double transaction volumes on its Tmall service in three years. Alibaba doesn’t disclose dealings over the platform, which helps brands and companies sell goods to 600 million-plus buyers, but it’s one of the single largest online retailers in China’s US$1tril (RM4.14tril) e-commerce arena.
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