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Alibaba reports FY14 China marketplace annual active buyers 334M
China retail marketplaces had 334M annual active buyers in the twelve months ended December 31, 2014, compared to 307M in the twelve months ended September 30, 2014 and 231 million in the twelve months ended December 31, 2013, representing an increase of 45% compared to the same period in 2013. The growth in annual active buyers was driven by an increase in active buyers throughout China, with substantially faster growth from lower tier cities. GMV transacted on China retail marketplaces in the quarter ended December 31, 2014 was $127B, an increase of 49% compared to the same quarter of 2013, and compared to RMB556 billion in the quarter ended September 30, 2014, representing a net addition of RMB231 billion GMV in three months