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China’s Alibaba Sets $100B GMV Target

December 17, 2021
Alibaba, GMV, eCommerce, China, Southeast Asia
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China’s Alibaba Sets $100B GMV Target

December 17, 2021
Chinese eCommerce giant Alibaba has set a $100 billion gross merchandise volume target for Lazada, its southeast Asian online marketplace. As Reuters reported Friday (Dec. 17), the company shared this goal with investors this week and sets the bar fairly high for Alibaba, as Lazada generated $21 billion in gross merchandise volume (GMV) between September […]