E-commerce giant, Alibaba, is currently topping the list as one of the world’s biggest companies with a market value of over 205.1 billion US Dollars. It has also announced a retail sales turnover exceeding the amount of 350 billion US Dollars. Alibaba was also the world’s first e-commerce site to boast over 6 million traders. It debuted at the New York Stock Exchange with an IPO of 25 billion US Dollars; a record that shattered all previous offerings.

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