Alibaba claims it has sold RMB1T ($161B) worth of goods this year through November via its...
Tuesday, December 4, 2012, 2:40 PM ETAlibaba claims it has sold RMB1T ($161B) worth of goods this year through November via its Taobao marketplace and Tmall.com retail site - that's up 58% from the RMB632B reported for the whole of 2011, and surpassed Amazon and eBay's combined merchandise volume. Alibaba now accounts for a whopping 60% of all delivered Chinese packages - like eBay, it typically takes a cut on transaction sales, rather than handling them itself. Yahoo (YHOO) still owns 23% of Alibaba.
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