China : Alibaba creates over 36.8 million jobs in 2017

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Home / Knowledge / News / Apparel/Garments / Alibaba creates over 36.8 million jobs in 2017

Alibaba creates over 36.8 million jobs in 2017

16
Apr '18

Courtesy: Alibaba

China’s Alibaba created over 36.8 million jobs in 2017 through its expansive retail eco-system, says a Renmin University report. Its e-commerce platforms like Tmall and Taobao offered 14.05 million jobs to online retailers in 2017. Apparel and textiles, daily necessities and home appliances were the top three items offering the most jobs, the report said.

The booming online retail service also helped boost demand for professionals in upstream and downstream sectors like research and development, design, manufacturing and logistics, totalling about 22.76 million jobs, a news agency reported citing the university document.

Alibaba saw its revenue grow 56 percent year on year in the fourth quarter of last year.

As the e-commerce market evolves, more professionals who can make mid-and-long-term development plans, capable of reforming business models and combining digital technologies with offline retail skills that are in high demand, the report added. (DS)

Fibre2Fashion News Desk – India

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