Alibaba's Alipay and Taobao Marketplace Expands Into Australia

2014 has been a landmark year for Alibaba. Just last week, the Chinese e-commerce juggernaut set a world-record selling US$9.3 Billion worth of goods in 24 hours on Singles Day. A few months back, Alibaba claimed the title of the world’s biggest IPO, raising US$25 Billion on the NYSE. Things will only get bigger for Alibaba.