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asia e-commerce

Alibaba Aims for $100 Billion in Southeast Asia E-Commerce Transaction Volume

By
Juro Osawa
· · Source: The Information

Alibaba has set a new long-term target for its Southeast Asian operations, saying it aims to eventually serve more than 300 million users there and boost its total e-commerce transactions in the region to $100 billion a year, up nearly fivefold from the current level. Alibaba’s new goals, announced during the company’s 2021 Investor Day event this week, come as the e-commerce giant is facing...

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