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Social commerce, Entertainment and AI: How China’s Internet giants are expanding their empires

on Jun 26, 2017 | 0 comments

By Danielle Long

Alibaba founder Jack Ma recently predicted a future where his company could become the world’s fifth-largest economy by 2036.

In Ma’s vision, Alibaba would no longer be viewed as a company, but instead an economy trailing in size behind the U.S., China, Europe and Japan.

His comments came as Ma, along with Alibaba management, reconfirmed to investors the ecommerce giant’s goal to reach 2 billion customers and sell $1tn in goods by 2020.

While Ma’s vision for Alibaba may sound ambitious, his growing global influence as the founder of the world’s largest retailer means the comments aren’t to be ignored.

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Source: The Drum