5 Interesting Things About Alibaba That You Didn’t Know

As Alibaba prepares to list shares on the New York Stock Exchange on Sept. 19, here are some things you should know about China’s e-commerce giant:

  1. Alibaba gets 11.3 billion orders per year, beating Amazon and eBay combined.
  2. Its retail websites have 231 million active buyers.
  3. On China’s “singles day” in 2013, Alibaba’s sites took almost $6 billion in a single day.
  4. UPS delivered over 4 billion parcels globally for Alibaba in 2013.
  5. Alibaba’s shares will be sold by a holding company in the Cayman Islands due to the Chinese government’s restrictions on foreign investment in Internet firms.
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