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WebiMax CEO Kenneth Wisnefski lent his insights to Women’s Wear Daily’s Arnold Karr on Alibaba’s 3rd Quarter

WebiMax CEO Kenneth Wisnefski lent his insights to Women’s Wear Daily’s Arnold Karr on Alibaba’s 3rd Quarter

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WebiMax CEO Kenneth Wisnefski lent his insights to Women’s Wear Daily Financial Editor Arnold Karr on Ecommerce giant Alibaba’s 3rd Quarter.

In Alibaba’s first earnings report, mobile Gross Merchandise Volume (GMV)  as a percentage of total GMV,  was 35.8% of their total GMV, and more than double what it was last September.

“A very conservative but reasonable guess as to where Alibaba’s Mobile GMV would be a year from now I’d say would be 50% – 57% of their total GMV.  I think anything above 60% would be pretty eye-brow raising, but certainly possible and maybe even likely,”  said Wisnefski.

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