In 2003, when the Chinese B2C market matured, Taobao, the largest online sales platform in China, was born, reaching 500 million registered users in ten years. Alipay logo Then, in 2004, Alibaba also equipped itself with the online payment platform Alipay, which offers a guarantee service: before actually paying for the purchased product, the user can verify its quality, a factor that, as we will see, is extremely important for the fate of e-commerce in the Chinese market.
In 2012, Alipay had 700 million registered users; by greece email list comparison, in the same year PayPal had "only" 117 million active users. Other companies related to the world of e-commerce are also part of the Alibaba Group, such as Taobao Mall, AutoNavi, Juhuasuan, Yitao, Alibaba Cloud, as well as many other projects, such as the South China Morning Post and China Yahoo! Reasons for Alibaba's success Alibaba's success has been confirmed: looking only at Internet companies, its capitalization (212 billion in 2014) is second only to Google.
Interest by geographical region Alibaba AliExpress and Taobao Distribution of Alibaba, AliExpress, Taobao by geographical region What factors made Jack Ma Group the world's largest e-commerce company? Jack Ma's career certainly cannot be simplified, saying that his success depends on his opening of China's first e-commerce: eBay has already penetrated into , successfully covering 73% of the market in 2003. National share.