Didn’t this info graph question you how are they making their banks full and investors happy at the same time ?
Let us find out here.
No one ever thought a school teacher from china would become fourth richest Asian and one among in the planet man. Yes, JackMa it is. His giant Chinese e commerce startup is now pouring millions into Ma’s account after a jaw dropping IPO setup in America. Alibaba is now valued of $228 billion which exceeds amazon and eBay. Alibaba is as a mix of Amazon, eBay and PayPal with a Chinese touch it has different companies under it to serve different people like Alibaba.com(a platform for sales and purchase of whole sale goods)-usually changes money from the retailers and also subscription costs annually. Taobao (for local shopkeepers and customers)-all sales/purchases are done for free unlike alibaba.com but they generate revenue through…
View original post 887 more words