Alibaba’s China retail marketplace platforms surpassed RMB 3 trillion (US$476 billion) in GMV in its fiscal 2016 which ends March 2016, as of 21 March 2016 at 14:58:37.
If you wonder how much RMB 3 trillion is, compare it with GDP. In 2014, only 26 countries in the world has GDP of over RMB 30 trillion ($488 billion in 2014).A total GMV of over US$476 in one fiscal year will likely make Alibaba the largest retail platform in the world.
Alibaba’s retail marketplaces including Taobao, Tmall and Juhuasuan list a total number of over one billion products from more than 10 million e-tailers. Alibaba’s annual active buyers has exceeded 400 million.
Alibaba’s next target milestone is to achieve RMB 6 trillion in the fiscal year 2020 according to Alibaba CEO.