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Alibaba Mobile Commerce Revenue Grows Rapidly

Alibaba is on a course for mobile commerce dominance. The Chinese company has become one of the most prominent Internet organizations in the world, having found major success in the e-commerce field. Taking note of the growing importance of mobile technology, Alibaba has begun to invest heavily in the mobile space, looking for ways to become a more powerful force in commerce by doing so. Alibaba has already made major strides in the mobile world, establishing itself as an insurmountable force in mobile commerce. Alibaba announced last week that it has experienced a 352% increase in mobile revenue, driven by its mobile services and payments platform Alipay. The platform allows consumers to shop for and purchase products on their smartphones. It has proven to be quite popular in China and elsewhere, and consumers have expressed favor for the convenient nature of mobile commerce. The success that Alibaba has seen in the mobile space has begun to change the company’s outlook on the digital market as a whole.

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