
Alibaba's Jack Ma made headlines across the world last week by laying out a plan for rapid global expansion of China's e-commerce behemoth. In an Investor Conference held at the company's Xixi headquarters in Hangzhou, China, Ma made the bold claim that Alibaba could reach $1 trillion in gross merchandise value by 2021 by becoming the primary online store for 2 billion people, as well as by expanding into new areas, one of which is the international...