The retail market in China is experiencing a significant boom in sales. According to the National Bureau of Statistics in China, this market was worth RMB 39 trillion last year. The online retail penetration in China stood at 24.9% last year, up from a mere 6.2% in 2012. According to data from iResearch, the Chinese online retail market could have a gross merchandise value (GMV) of RMB 15.1 trillion by 2023, growing at a compounded annual growth rate (CAGR) of 10% between 2020 to 2023. Using the TipRanks Stock Comparison tool, let us compare two Chinese e-commerce companies, Alibaba and…