Alibaba creates over 36.8m jobs in 2017

Published: April 09, 2018 14:56:10 | Updated: April 12, 2018 15:50:01

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Alibaba Group Holding Limited, Chinese multinational e-commerce, retail, Internet, AI and technology conglomerate, created over 36.8 million jobs last year via its expansive retail ecosystem.

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 showed.

According to the report from the Renmin University of China, apparel and textiles, daily necessities and home appliances were the top three retail items that offered the most jobs, reports Xinhua.

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.

Alibaba saw its revenue grow 56 per cent 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 said.

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