8 Chinese industries taking on global players
Updated: 2014-12-03 08:06
(chinadaily.com.cn)
No 2 E-commerce
Alibaba Group Holding Ltd's largest public offering in September made it one of the best Chinese Internet brands this year. And its success directly boosts China's e-commerce industry in the world.
Online sales on Alibaba's Tmall.com, Taobao.com and its overseas outlets, such as AliExpress, topped 57.1 billion yuan ($9.34 billion) on Nov 11, a shopping spree launched by Alibaba.