Alibaba Plans to be the Fifth Largest “Economy” in the World by 2036
Jack Ma has said that Alibaba aims to be the fifth largest “economy” in the world by 2036. Alibaba has set a target to achieve US$1 trillion in gross merchandise volume in 2019 which would make it the 16th or 17th largest “economy” in the world. The firm strives to become a global business and serve as many as two billion consumers worldwide in 19 years time.
“Alibaba has set a target to achieve US$1 trillion in gross merchandise volume in 2019.”
~ South China Morning Post
General Electric and Wal-Mart Stores, among the largest companies on the planet with the most extensive network of operations, have been compared to economies in the past. Wal-Mart’s 2002 sales was comparable with Australia, the world’s 22nd-biggest economy.
Related Report: South China Morning Post
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