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September 11, 2012 · No comments

Alibaba Group Expects to Beat eBay, Amazon Sales

'The gap is getting bigger,' official says.

There’s no doubt that Alibaba Group, China’s biggest e-commerce company, is a powerhouse in Asia, but the company is also outdoing Western companies. That was the message Saturday during the company’s ninth annual AliFest in Hangzhou, China, when the company’s Chief Strategic Officer Zeng Ming told reporters that Alibaba Group is expected to have more sales this year than eBay and Amazon, combined. Read More

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