Alibaba Surpasses Walmart As Largest Retail Company In The World

Wednesday, April 6, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
04/06/2016

“Alibaba Group Holding Limited announced on April 5, 2016 that as of March 31, the end of its fiscal year 2016, it has become the largest retail economy in the world as measured by annual gross merchandise volume (GMV) on its China retail marketplaces. PricewaterhouseCoopers (PwC) has performed agreed upon procedures on data relevant to Alibaba Group’s GMV.”

The Rest…HERE

This entry was posted on Wednesday, April 6th, 2016 at 11:54 am and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed.

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