Why Alibaba Is Renewing Its Focus On China In 2016?

Competition in China's e-commerce market, especially in the fast growing B2C (i.e., Business-to-Consumer) space is intensifying with Alibaba's closest rival JD.com reporting significant revenue and GMV (gross merchandize value) growth numbers. Chinese tier 1 cities will be key for B2C growth and Alibaba appears to be looking to establish itself as a key player in this space. Rural China is a huge growth opportunity for the company as mobile penetration in these areas will lead to an increase in ...