×
287
Fashion Jobs
NIKE
Senior Product Manager - Enterprise Service Management (Esm), India – Tech Ops Icc
Permanent · Bengaluru
AASPIRE MANAGEMENT CONSULTANTS
Manager Production – Heat Treatment - aa / RP / ht- Pdn / 18 - w / 21
Permanent · Chennai
NIKE
sr. HR Operations Specialist
Permanent · Bengaluru
FREELANCER NEHA SHARMA
Senior Production Manager For Singapore/Canada/Australia
Permanent · Mumbai
SMART CONSULTANCY SERVICES
Deputy General Manager (Knits)
Permanent · Bengaluru
MICRO PLASTICS PVT LTD
Production Manager
Permanent · Bengaluru
WORKOID CONSULTANTS.
Production Manager-Handicrafts-Udaipur
Permanent · Udaipur
SIYARAM SILK MILLS LTD
Regional Sales Manager Fabric - South Region (India)
Permanent · Chennai
AVENUE SUPERMARTS LIMITED
Operations Manager
Permanent · Chennai
PYRAMID HUMAN RESOURCES CONSULTANCY
Manager - Production (Ammonium Chlorite)
Permanent · Karaikal
WEATHER RISK MANAGEMENT SERVICES PRIVATE LIMITED
Production Manager(1+ Years)-Kanpur
Permanent · Kanpur
ISHIN
E-Commerce Business Development Manager
Permanent · Mumbai
ISHIN
E-Commerce - Listing Manager
Permanent · Mumbai
NIKE
Software Engineering Manager - Operations & Logistics Technology, India – Move Icc
Permanent · Bengaluru
NIKE
Principal Quality Engagement Manager, India – Tech Ops Icc
Permanent · Bengaluru
BIG SOFT HR SOLUTIONS
Production Manager (Mechanical) Mumbai
Permanent · Mumbai
BIG SOFT HR SOLUTIONS
Production Manager (Electrical) Mumbai
Permanent · Mumbai
BIG SOFT HR SOLUTIONS
Production Manager Tetra Line
Permanent · Mumbai
ISHIN
Sales Manager / Bdm - Women's Apparel (Retail/Wholesale)
Permanent · Mumbai
ACCURATE PLACER
Production Manager qa Manager Shift in Charge Distillation Engineer
Permanent · Raichur
RELIABLE CLOTHING PVT LTD
Production Manager
Permanent · Mumbai
ALWAYS KIDDING PVT. LTD.
Garment Technician
Permanent · Mumbai
By
Fibre2Fashion
Published
Jun 19, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Alibaba aims for $1 trillion GMV by 2020

By
Fibre2Fashion
Published
Jun 19, 2017

Alibaba aims to achieve gross merchandise volume (GMV) of $1 trillion in the fiscal year that ends March 31, 2020. The Chinese e-commerce giant also intends to create 100 million jobs and serve 2 billion customers. Alibaba has positioned itself as an innovator and enabler of what it calls new retail, the integration of online and offline commerce.


Reuters


The company continues to evolve beyond its China e-commerce roots by moving into digital media and entertainment, cross-border e-commerce, local services, digital marketing and other areas, chief executive officer Daniel Zhang told investors on the first day of the two-day investor summit in Hangzhou, China.

"We are enabling merchants and brands to manage the consumer during their entire life cycle, from when they became aware and interested in products, then purchase and into loyalty. This represents the real business value we provide to our customers," Maggie Wu, Alibaba’s chief financial officer said.

"In the company’s last fiscal year, Alibaba’s core commerce platforms generated nearly $550 billion in gross merchandise volume, of the total value of sales on its marketplaces. If GMV were GDP, that would make Alibaba the 22nd-largest economy globally, just behind Argentina," Alibaba executive Jack Ma said.

As for FY 2018 guidance forecasting revenue growth of 45 percent to 49 percent, Wu said, "We have confidence. The data, the technology we have, the whole integrated business we have built, will help to achieve that."

Over the past two years, Alibaba has put $21 billion worth of its capital toward mergers, acquisitions and investments, said executive vice chairman Joe Tsai.

Copyright © 2021 Fibre2Fashion. All rights reserved.

Tags :
Others
Business