Mobile Internet Adoption In China A Key Growth Driver For Alibaba

Tremendous growth in mobile internet penetration in Chinese rural areas, international expansion and the opportunity in the cloud computing business are likely to be the key growth drivers for Alibaba going forward. The Chinese e-commerce market is expected to grow to over $1 trillion by 2018, driven primarily by improving internet penetration and increasing adoption of smartphones. A significant portion of this growth is expected to come from smaller towns and rural areas in China, and we belie...