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Alibaba's Online Mall Chief Wants to Double Sales in 3 Years

  • The Chinese retail giant just set ambitious goals for Tmall
  • Company co-founded by billionaire Jack Ma aims to go global
Inside China's largest hypermarket operator Sun Art Retail Group's RT-Mart
Photographer: Giulia Marchi/Bloomberg
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One of Jack Ma’s closest lieutenants just laid down a plethora of ambitious goals for Alibaba Group Holding Ltd.

Jiang Fan, who runs the company’s two biggest e-commerce businesses, wants to double transaction volumes on its Tmall service in three years. Alibaba doesn’t disclose dealings over the platform, which helps brands and companies sell goods to 600 million-plus buyers, but it’s one of the single largest online retailers in China’s $1 trillion e-commerce arena.