The data displays the annual online commerce revenues of the Alibaba Group from 2010 to 2018. In the fiscal year ending March 31, 2018, the Chinese e-commerce corporation recorded a revenue of 176.6 billion CNY in Chinese online sales. This translates to approx. 20.8 billion USD.
As of 2015, China is catching up with the U.S. in the battle for e-commerce supremacy. The Asian country has generated almost 250 billion USD from online sales and is set to dethrone the U.S. as the biggest market in the world in the following years.
