Jack Ma: U.S. Small Business Is Key to Alibaba's Growth
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Alibaba Group Holding Ltd.’s entry into the U.S. runs through small businesses, the same path the online marketplace took in China, billionaire founder Jack Ma said in a wide-ranging speech outlining the company’s global ambitions.
The company is aiming to sell $1 trillion of goods through its platforms by decade’s end and may surpass Wal-Mart Stores Inc. in 2015, Ma said in New York on Tuesday.