itself collects only a fraction of that in revenue—$15 billion in fiscal
year 2016.
Alibaba Group, FY16-Q3 for the Period Ending December 31, 2016 (filed January 24, 2017), p. 2, from
Alibaba Group website.
But size matters, and nobody manages more retail trade than
Alibaba. It makes up 63 percent of all China retail commerce, and 54
percent of packages that travel via Chinese post originate from an
Alibaba business.^2 ,^3 Alibaba also boasts close to half a billion active
users (443 million) with more monthly active users (MAUs) accessing
Alibaba via mobile phones (493 million).^4 Similar to the horsemen,