Alibaba sees trillion-dollar volume potential in China.
The e-commerce platform’s parent company, Alibaba Group Holding Ltd., said it aims to serve over 1 billion annual active consumers and achieve over $1.4 trillion in annual gross merchandise volume through its China consumer business by the end of fiscal 2024.
What companies are in the trillion dollar club?
The so-called trillion-dollar club, which includes tech giants Apple, Microsoft and now Google-parent Alphabet, is the group of companies with a market value of $1 trillion or more.
What is the next trillion dollar company?
Google Joins The Trillion-Dollar Club: Who’s Next? Alphabet, aka Google (GOOGL), just became the 3rd publicly traded US company to reach $1 trillion market capitalization. Apple (AAPL) was the first to hit it in August of 2018, then Microsoft (MSFT) in April of 2019, and today its Google.
Is Amazon still a trillion dollar company?
Amazon, now worth around $915 billion, is on pace to join the trillion-dollar club soon, assuming its good fortunes continue. And speaking of fortunes, these four tech giants are now worth a combined $4 trillion; up from a mere $700 billion at the start of the decade.
Is Facebook a trillion dollar company?
Alphabet has earned a market capitalization value of $1 trillion, according to CNBC. Apple, Microsoft, and Amazon have all hit $1 trillion, in that respective order. Analysts predict the next trillion-dollar company will be Facebook.