China’s Alibaba is recognized as world’s most disruptive tech company - KPMG

Beijing. June 15. Silkroadnews - According to the annual report of the largest global audit company KPMG, Alibaba ranks the first in the list of the most disruptive tech companies in the world, the People’s Daily reports.
The report shows, leaders of 800 global technology companies have selected Alibaba as the company they consider as a competitor causing the most concern. Facebook, which ranks the second in the list, received far fewer votes.
“Alibaba is gaining momentum in areas such as payments, logistics, finance, cloud computing, big data, and new retailing. KPMG’s ranking for Alibaba is just right,” Forbes Magazine commented.
Alibaba is the first Chinese company that has ever topped the list of KPMG. The report reliably showed Alibaba’s rapid development from an e-commerce brand to the technology company over the past few years.