Chinese e-commerce giant Alibaba, headed by one China's richest men Jack Ma, created over 36.8 million jobs last year via its expansive retail ecosystem, a study report has said.
The company's various e-commerce platforms like Tmall and Taobao, which covers over 500 million consumers, offered about 14.05 million jobs to online retailers in 2017, a report from the Renmin University of China said.
Apparel and textiles, daily necessities and home appliances were the top three retail items that offered the most jobs, the report showed.
The booming online retail service also helped boost demand for professionals in upstream and downstream sectors like R&D, design, manufacturing and logistics, totalling about 22.76 million jobs, state-run Xinhua news agency reported.
Alibaba saw its revenue grow 56 per cent year-on-year in the fourth quarter of last year.
As the e-commerce market evolves, professionals who can make mid- and long-term development plans, are capable of reforming business models and combining digital technologies with offline retail skills, are in high demand, the report said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
