GoTo and Alibaba lead the charge in Asia-Pacific’s booming retail market
Inside Retail
SEPTEMBER 19, 2023
Alibaba Group Holding Ltd witnessed an impressive four per cent market growth rate from 2021 to 2022, from US$ 459 billion to 477 billion, while JD.com saw a substantial increase of 11 per cent from US$352 billion to US$391 billion, solidifying their positions as leading players in the dynamic e-commerce landscape.
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